dtcwee: The Value of Nothing

Whenever white people kill people of colour, as in 2021's anti-Asian shootings in Atlanta Georgia , this sort of counter-commentary appears: "Since the killing of six Asian women who worked in massage parlors in Atlanta, the media has amplified the false narrative that “white supremacy” is to blame.  ... official crime stats show that white people are significantly underrepresented in terms of the violent crime threat they pose to Asians."  ... citing FBI statistics , whereas whites comprise 62% of the population, they committed 24% of crimes against Asians in 2018.  In comparison, blacks, who comprise 13% of the population, committed 27.5% of all violent crimes against Asian Americans in 2018.  So clearly, white people do not represent the biggest crime threat to Asian Americans." Not only is this an attack on the media and its imagined agenda, it also implies that Asians can't tell who's assaulting them.

In 1940, 8.6 percent of women with children 18 and under were in the U.S. labor force.  Then America joined World War 2, and around six million women joined the civilian workforce.  Women may have saved the day during WWII, but when the war ended, things quickly changed. Soldiers were returning home and they needed jobs to help them get back on their feet and reacclimatize to civilian life. The managers who had previously begged women to help out were now forcing them back into their kitchens to free up jobs for men. By 1948, the percentage of women in the U.S. workforce dipped to 32.7 percent, according to the U.S. Department of Labor, this despite a poll taken in the last few years of the war that suggested between 61 to 85 percent of women wanted to remain in their jobs when the war was over.  Why? 

It is tempting to assume that a weaker dollar💵 is to blame for inflation. All of this speaks to the problem with inflation today. Few know what it is. It’s currency devaluation , which means there’s no inflation fight to speak of. Just don’t devalue, but if you’re devaluing, stop. Reverse course. Inflation will cease.  After all, the causal narrative is very compelling: weaker dollar, imports get dearer, bam, inflation. It's also attractive because having currency in our arsenal means we can fear inflation less. Reality is more complex, with more actors.