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Funny that you decided to include fast fashion. Fast fashion by definition is a cheap alternative to high fashion. Similarly, there are cheap alternatives to al
by hbrn 4y ago
Funny that you decided to include fast fashion. Fast fashion by definition is a cheap alternative to high fashion. Similarly, there are cheap alternatives to all of the goods that you mentioned.
I suggest you to get out of your first-world bubble. Somehow you seem to think that everyone is entitled to luxury.
> The percent of people’s average income spent on most sectors has gone up over time.
First of all, that's a weird statement. The percent of people average income spent on most sectors is close to 100%. Ratios will change, but they don't indicate anything if you don't know how to read them.
What's your interpretation of this graph? Is it "billionaires are making movies more expensive and people are forced to save on food"?
https://www.ers.usda.gov/webdocs/charts/58367/food-prices_fig09.png?v=4234.6 https://www.ers.usda.gov/webdocs/charts/58367/food-prices_fi...