Thread regarding Honeywell International Inc. layoffs

Inflation at all time HIGH, do you think Honeywell will adjust wages even if it’s temporary?

Survey says …..
Please leave your comments.

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| 2832 views | | 14 replies (last June 20, 2022) | Reply
Post ID: @OP+1hevCnLZ

14 replies (most recent on top)

Yes. Of course Honeywell will look after and take care of it’s employees.

Just as I type this Dariass is deciding to spend only $450 on a bottle of wine tonight, in sympathy.

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Post ID: @6ffb+1hevCnLZ

So many conspiracies, so little time. It's all going as planned. Trust the plan. Very good points made here. $12.7T. Who did that?

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Post ID: @3elm+1hevCnLZ

@2vlk+1hevCnLZ

The effects on inflation and stagflation when the money supply is increased is not propaganda. It's Economics and Monetary Policy 101. It has been proven time and again, from the coin clipping of Nero in the Roman empire to the hyperinflation notes of Yugoslavia in 1994 and the 100 Trillion Dollar Zimbabwe bank notes, that increasing the money supply with reckless abandon destroys the buying power of the currency and turns citizens into serfs. In our free market system, those who provied value in the forms of goods and services that are in demand make money. If you invent something useful and in demand, your have the right to make as much money from it as the consumers will pay for it. If you don't like what your are paid for the work you do, you can find somewhere else to work. And you can change your skill set for a job that pays better and has better working conditions. That is exactly what we're seeing right now with the Great Resignation. You absolute cannot think that I'll believe that Elon Musk doesn't do any work. That's simply nonsense. The money supply didn't need $12.7 Trillion more money last year. Stimulus was completely unnecessary. What was needed was a return to business as usual while isolating the most vulnerable form the rest of the population until herd immunity was reached. The illegal and tyrannical COVID lockdowns and fear-mongering propaganda from the likes of Gropin' Joe and Felonious Fauci, that still don't stop an amped up version of the flu with less than 3% death rate, absolutely destroyed the economy. And the promise of a "vaccine" was another gaslighting from the government to control you. The "vaccines" are not true vaccines because they don't work any better than the flu shot. The parasite class includes politicians, government workers from federal to municipal, and the people that are perfectly capable of working, learning a skill, and improving themselves and the world, but refuse to do so and choose to be state dependents, the media, and the entertainers. They provide zero contributions to society, are given paychecks for nothing, and are treated like royalty.

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Post ID: @2zaa+1hevCnLZ

Stimulus is simply your future earnings given to you now.
The payback is inflation ( more money, same amount of products).
The only scenario where expanding money supply does not generate inflation is when production and market size are increasing at same time or there is significant liquidity loss due to high saving rate.

You can calculate how much expanding the money supply actually cost you across say 3yrs by factoring 8 percent year over year cost increase for everything. Have not done the math but i am confident that stimulus i received vs what i am paying extra from inflation is a very bad deal.

We were taken by leaders who prefer a dependant population.

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Post ID: @2bos+1hevCnLZ

Short answer to the OP - NO.

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Post ID: @2yyj+1hevCnLZ

@1ihx

What an unfortunate piece of propaganda. Wealth is created by people who do real and meaningful work. Meanwhile the people at the top do not do any real or meaningful work yet they capture the vast majority of the wealth anyway. They get away with this by exploiting the people who do the real and meaningful work. In natural and scientific terms this type of a creature is known as a parasite...

In our wonderful system the people who do the real and meaningful work are often those who live paycheck to paycheck while the people who don't actually work at all get to live a life of unlimited wealth and luxury. The system has been bent and broken by these parasites and yet again is about to collapse. And yet again they are going to pin the blame on poor people for getting some stimulus money...

Additionally, why should it be assumed that providing stimulus to regular people is a bad thing but bailing out or providing stimulus to large corporations is a good thing? It's not like they use that money as intended anyway.... The people at the top just use it to enrich themselves through stock buy-backs....

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Post ID: @2vlk+1hevCnLZ

@ist+1hevCnLZ

I found an excellent article about stagflation and its causes. https://mises.org/wire/what-stagflation-and-what-causes-it The article is not a quick read. Essentially, increases in the money supply, like the $12.7 Trillion USD that was printed by the federal reserve in 2021 are the typical cultprit. This part sums it up very well: "Increases in money supply set in motion an exchange of nothing for something which, in turn, diverts wealth from wealth generators to non–wealth generators. This weakens the wealth generation process, which weakens economic growth."

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Post ID: @1ihx+1hevCnLZ

The pathetic excuse for raises this year should already tell you the answer.

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Post ID: @1plq+1hevCnLZ

Sure. A furlough is often their method of choice for a quick reset.

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Post ID: @ykj+1hevCnLZ

Dang. I thought this was a joke. I came here for the punch line.

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Post ID: @phm+1hevCnLZ

Large corporations across US were specifically asked to hold wages steady to fight inflation. Remember that a federal mandated national wage-freeze was part of the inflation solution in the 70s.

Interest rate hikes alone have never successfully stopped double digit inflation in any attempt across history. Look at a chart of gdp vs M2 ( money supply) to see how unprecedented the actions of the government were. They tipped the system out of control and it will take time.. perhaps a decade to regain normalcy. That is how feedback systems work.

We will be lucky to avoid war as we go forward… oh wait. Taiwan is toast. China is not Russia.

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Post ID: @ist+1hevCnLZ

Yes it will and it's called relocation. They will move jobs to low-cost regions and eliminate high buck regions.

So your wages will be adjusted? Just not in your favor. However, you still have overtime.

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Post ID: @uff+1hevCnLZ

Not even if their life depended on it. I guarantee it will be the opposite with wage freezes and furloughs.

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Post ID: @kvh+1hevCnLZ

HAHAHAHA!!...Ok that was a good one.

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Post ID: @ktu+1hevCnLZ

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