Comments by "Aaron Okeanos" (@AaronOkeanos) on "Caller CONFRONTS ME about the economy" video.

  1. He hasn't noticed but it all goes down to wages (income) and that there is not enough of it due to inflation. This is because wages do not rise at least the same as the inflation rate and this is happening since the 70ties. However not all wages mid and low wages. The high wages however exploded. And now we are back at income inequality and the question how much of the revenue you make with your work goes to you. And this looks awfully bad in favor of shareholders and owners. In short ... greed and unwillingness to fairly share.
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  2. Prices are not controlled by government. If you want that you need planning economy (like it was under communism). The solution is not to try to lower the prices which will never happen (inflation = how much prices rise, they never drop) the solution is low and mid range wage people need to get a larger percentage of the revenue they make.
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  3. All wages, pensions and benefits should be bound by law to the inflation rate. - Meaning they have to rise at least by the inflation rate automatically without negotiations. This ensures the real wage never goes down. And inflation becomes neutral for working people on earned income. And inflation is only a problem for money hoarders.
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