Comments by "Jacob Watson" (@jacobwatson3781) on "Fed Chair Jerome Powell on the status of inflation" video.

  1. Increase in rates stop borrowing so that is eating less right? The housing market is eating less right now.
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  2. @Outta PancakeMix  Amzon turnover rate also deals with bad working conditions and terrible local management. Compaines have kept pay low for 40 years because they could outsource and didn't care about new hire cost. Companies thought they could get away with that for ever.
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  3. @Outta PancakeMix  Yeah, the whole argument the market sets wages and such is silly. Did the market say railroad workers get 0 sick days?
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  4.  @xEnder515  Ahh, you're in the camp that any contract is based on the market.
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  5. @Francesco Law  Yeah, it has been proven that 54% of inflation was caused by profits.
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  6. @Outta PancakeMix  alright, worker at Macdonald's. If the worker makes the most burgers, what leverage does that worker have to negotiate a possible contract?
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  7. @Francesco Law  Hmmm, interesting view. So no supply/demand issues, just REFI rates?
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  8.  @xEnder515  Okay, so to clarify, McDonald's workers get paid based on how fast they make burgers?
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  9. @Outta PancakeMix  No, my point is that productivity does not play into a burger makers wages at McDonald's. Your uhaul example also so production doesn't play into wages. How about this? Why did McDonald's raise their miminun wage and not rely on the market for setting wages?
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  10. @Outta PancakeMix  well got bad news for you. The market doesn't set wages,
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  11.  @xEnder515  alright, make a video and show how you're able to negotiate your wage at McDonald's.
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  12. @Outta PancakeMix  tell that to railroad workers trying to get a pay raise and sick times for years.
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  13.  @Seegie16  Good for you, but that doesn't address 54% of inflation being caused by corporate profits.
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  14.  @xEnder515  No, the owners have been screwing the railroad workers for years and years.
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