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It does really feel like the cat is out of the bag that producers anywhere in the supply chain of housing and food realized they could do whatever they want and
by yawnr 3y ago
It does really feel like the cat is out of the bag that producers anywhere in the supply chain of housing and food realized they could do whatever they want and we can all suck wind. Every significant expense I have is up more than 40% in the past two years.
- freitzkriesler2 3y agoYup mine too and on top of that everything has gotten smaller and shittier in quality too. I really wish they would have met the banks collapse. That would have done wonders for fixing this inflation. Nope us wage slaves will continue to lose.
- astrange 3y agoIf the bank collapsed you'd lose because the bank has your paycheck in it.
- flangola7 3y agoDeposits are insured for regular people amounts of money.
- astrange 3y agoNo, I mean your employer's payroll account, and their payroll processor's.
- diordiderot 3y agoPhysical and human capital is all still there. Who cares. https://youtu.be/HuepiJcMKoQ https://youtu.be/HuepiJcMKoQ
- astrange 3y agoThe human capital certainly wouldn't be there since they'd all quit when they don't get paid for weeks.
- freitzkriesler2 3y agoYeah id rather deal with a raging depression than this slow drip inflation reducing all of our standard of living. Pull the band-aid off.
- freitzkriesler2 3y agoMe thinks you need to look up what the FDIC does.
- astrange 3y agoYour employer's payroll account is larger than $250k.
- loandbehold 3y agoCompetition is supposed to drive prices down to the equilibrium level. Why is it not happening? Are produces colluding to fix prices? Why new players are not entering the market to take advantage of higher prices?
- hiddencost 3y agoYou're so close. https://en.m.wikipedia.org/wiki/Capitalist_Realism https://en.m.wikipedia.org/wiki/Capitalist_Realism
- aeneasmackenzie 3y ago> The collapse of the Soviet Union, which Fisher believes represented the only real example of a working non-capitalist system If it was working, why did it collapse? There are lots of alternatives to capitalism but most of them are measured in mountains of skulls. No one has any difficulty imagining more, most people just noticed.
- harimau777 3y agoCapitalism has it's own skulls. Violent strike breaking, banana republics, for profit prisons, etc.
- kelseyfrog 3y agoMaybe we don't live in a just world? Consider, for a second, that in the Cold War the bad guys won.
- astrange 3y agoHousing has almost nothing to do with markets because Anglo countries run it by central planning. So they can't enter. Construction is pretty high where it's been allowed. As for food, it has fallen - eggs were high earlier this year and now aren't. This is mostly driven by gas prices and the occasional animal pandemic.
- 3y ago