That is the one upside to capitalism and you don’t even consider it a full upside?
I loved the jar of pickles joke. It somehow got me every time. Then they seemed to just drop it out of nowhere. Well I guess once she left, but still.
No no, didn’t you hear? The US is FUCKED.
Yes and no. It’s basically just super complicated and we don’t know how much is each factor. But I would highly doubt that part of the rising costs is not also just because people are still willing to pay.
At the end of the day it’s supply and demand. And that fluctuates based on so many different things.
Interest rates being low and money being easy to borrow creates higher demand and will in part cause prices to increase.
Supply chain shortages create massive demand spikes that can have massive effects on pricing of certain products as the supply chain tries to stabilize.
The FED can employ quantitative easing to increase money supply and liquidity, which adds to inflation, but increases economic growth (Theoretically).
Or they can use quantitative tightening to reduce money supply and lower demand, slow growth etc.
Lastly companies understand how normalized inflation has become and can increase what they charge even if their cost of goods isn’t moving significantly. So there is certainly some degree of this happening.
Hopefully the market will re-adjust as profit margins change and consumers spending habits fully adjust to the market.
Basically if everyone re-evaluates what and how they are purchasing, the market has to adjust. If you buy the products you prefer at the inflated cost, companies are not going to lower prices. If you buy budget or off brand items where you can, they will be forced to change their strategy to compete.
Could have been cool if the sceen was more like a daydream so it references it but doesn’t present it as fact. Although it is a drama/biopic not a documentary
You have now not done the top comment on either of the first posts…
Yea like what? Why pay 50% more for a house or have a “market adjusted rate” on a used car. These assets are not worth leveraging that much for.
2008 saw the unprecedented approval of loans, but also there were a LOT of adjustable or variable rate mortgages. So as rates increased sharply, people all of a sudden were deep under water. At least here they still have low rates. even if it is on a higher priced house, their payments won’t be getting worse.
But yes housing prices are out of control. People are starting to feel it, and it could very quickly go wrong for people. People even have crazy high loans on used cars. Going to be very interesting how it plays out.
Saw a store selling a gallon of milk for $7. Was an “upscale” grocery store, but come on. Half a load of bread from the bakery was $8. Where is the other half of my bread?! I walked out
Who knows, in 5 years that may be way more sexual
Lemmy just pop an H on this box so everyone knows it has hornets in it
Exactly what I’m thinking, it solves nothing but does create a problem.
Makes sense, figured it was filter dodging. The fact it’s has made its way outside of those places is slightly annoying
They could start selling tiers of battery quality which TBH sounds awful if they make the best battery life duration paywalled.