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Well, when the truth is “blame consumers for consuming a record amount of stuff with no price sensitivity after being forced indoors for two years, where they l
by RC_ITR 4y ago
Well, when the truth is “blame consumers for consuming a record amount of stuff with no price sensitivity after being forced indoors for two years, where they learned life is meant to be lived,” I can see why they don’t want to take the fall for that.
- sokoloff 4y agoThe amount of “forced indoors for two years” that the virus was responsible for was not 100% and the amount that politicians were responsible for was not 0%.
- RC_ITR 4y agoI mean, my fellow citizen, the way to curb inflation is to consume less and have a higher price sensitivity. I'm glad you're signing up to do so, because it's unclear to me that stimulus checks are still the reason that consumption is at an ATH and inflation is elevated. And you can't really blame loose money either...
- sokoloff 4y agoIndeed, curbing demand when demand is out of whack with supply is the inherent mechanism by which bouts of inflation eventually stop. I’m doing what I can (naturally via price-sensitivity, not out of any sense of collectivism). Specifically, we’re delaying the replacement of a 225K mile 2005 CR-V for a few more years and making a lot more meals at home rather than eating out.