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Take toilet paper. There are shortages, so people are learning how to do more with less. Be it just being a bit less wasteful with the tp to ordering and inst
by SkyBelow 7y ago
Take toilet paper. There are shortages, so people are learning how to do more with less. Be it just being a bit less wasteful with the tp to ordering and installing a bidet. This creates long term changes that will result in an overall decrease consumption of TP. This has an impact on the market.
Now, if that was all there is, then it wouldn't matter much except maybe a few toilet paper factories would got from operating 16 hours a day to 15 hours a day. But this is applying everywhere. People are having to stretch food. People are having to learn how to cook. People are learning the importance of having a bit more saved up and a bit more non-perishables stockpiled. These factors will result in less restaurant eating and more bulk buying (not even counting continued virus fears).
People are learning how to socialize from within their homes without leaving. This is pushing more people into electronic conversations. People are having to get more indoors, or at least socially distanced, hobbies. More people are reading, playing games, and watching streaming tv. This will lead to long term changes in consuming patterns.
People who have never ordered off amazon or the like are now doing so for the first time, and some of them will continue to do so. People are buying games digitally who would prefer physical, and in turn this will lead to more digital purchases even once physical purchases become an option again (well, more of an option, since you can still purchase and have delivered).
Each and every one of these changes the economy. And yes, over time people should reorganize and we should continue to be on our merry way. But until that reorganization occurs, there will be people being let go and the equivalent reorganized position may not be open for a few months. Or it may require a different skill set and people aren't going to be able to adjust as easily.
- Jommi 7y agoYou are vastly overestimating the human capacity for seeking comfort and getting back to normal.