4 ms·
> delay the purchase of groceries This will obviously not mean skipping eating, but will manifest more as fewer "special" meals like steak or lobster or whatev
by runako 4y ago
> delay the purchase of groceries
This will obviously not mean skipping eating, but will manifest more as fewer "special" meals like steak or lobster or whatever.
> a fridge, a new roof
If you are a homeowner, you know that most equipment failures are a decision to either repair or replace. In a deflationary environment, owners will bias toward patching things as long as they can. (The opposite is true in an inflationary environment.)
> a new car
You may be extremely fortunate. Most people would try to make it through (say) a year of public transit/rideshare/etc. if they could save (say) 8% on a car. Average price of a new car in 2022 is ~$48k; saving 8% on that is something like half a month's pay at the average American salary, which is larger than the annual raises most people get at even good jobs, even in good times. Don't underestimate the sacrifice people will make to earn another few hundred $/mo.
- wewtyflakes 4y agoAll of those things seem okay, or even good.
- runako 4y agoHealth and other benefits aside, they are "bad" in the context of people don't like having those decisions forced on them.
- notahacker 4y agoUntil your employer informs you that due to reduced sales, your salary will be falling even faster than prices...
- ClumsyPilot 4y ago> owners will bias toward patching things as long as they can So if we live more sustainably, the economic system colapses? Is that a bug or a feature? I just had my landlord throw away the dishwasher because replacing the tiny pump was not worth the effort. Myfriend threw away a fridge because replacing a single part, the compressor, was not worth the trouble.
- saurik 4y agoYeah: heaven forbid anyone save money or resources... we all need to be as rapidly indulgent and wasteful as possible, because that moves the most money around the system the fastest, which is the primary goal of humanity.
- landemva 4y agoReplacing a fridge compressor has become a giant hassle in the US. The lines are sweated and you are required to capture the refrigerant.