And, as many of us celebrate what appear to us to be promising and remarkable things happening with the Democratic party, things that point to a brighter future for us all, the mainstream media remain ever ready to pop the balloon in any way possible.
As Judd Legum notes, one current strategy is to employ fact-checking in a hair-splitting way that gives cover to Trump's toxic lies, while attacking Democrats.
@jewishreader I'm no macro-economics expert, so I don't know what numbers to look at to tell the difference between the various influences on inflation. I can't say that people refusing to pay inflated prices is indeed the reason for inflation lessening, just that it's possible.
As for the mechanism, people switch to cheaper substitutes (eating at home instead of McDonald's), or stop buying. Since this happens at the margins, I don't know how significant a change is needed before we start having a glut of money.
But as labels representing creative workers - musicians - it was in their interests for these payments to be *high* as possible.
As it turns out, it wasn't hard to resolve that conflict after all. You see, the money the Big Three got in from dividends, stock sales, etc was theirs to spend as they saw fit. They could share some, all, or none of it with musicians. Big the Big Three's contracts with musicians gave those workers a guaranteed share of Spotify's licensing payments.
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