5 ms·
or its as simple as drug market got more competitive and diverse while wages also rose
by rolltiide 7y ago
or its as simple as drug market got more competitive and diverse while wages also rose
- refurb 7y agoThis is correct. The numbers are % of PCE. So that number could go down for a number of reasons: 1. People buying less drugs 2. People spending less money on the same amount of drugs (lower prices) 3. People’s PCE is growing faster than the amount they spend on drugs There are others I’m sure.
- koboll 7y agoAn explanation for 2 could also be drugs getting stronger. Given how much more potent modern cannabis is than it was in the 20th century, people might be spending the same amount relative to THC content--but there's much more THC in a gram of cannabis than there once was, so they have to buy much smaller amounts of cannabis for the same amount of THC.