454
How come we experience so much more inflation than deflation? in other words, why does our buying power decrease far more often than it increases?
(lemmy.dbzer0.com)
this post was submitted on 22 Jul 2023
454 points (97.1% liked)
Asklemmy
43965 readers
985 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Because once a corporation increases prices due to "supply and demand" or whatever bullshit reason they make up that week, those prices never go back down if the reason changes. conveniently.
Every corporation will say "we need to increase the price on "x" because the primary supplier in Bolivia is facing economic turmoil...blah blah blah." But once that turmoil is over and supply returns to normal, they don't bother taking the prices back down and rely on the fact that modern society is too distracted by their "conveniences" to care.
They (the super-rich) have created a class of people beneath them who don't notice or care that they're being fucked over so long as they are provided with more and more vapid content to consume.
Striking line--now we just have to figure out how to get people off their screens and onto streets.
Things either need to be really, really bad and people are done or we need to find what they care about more than being comfortable. I was not always politically active. It took until my late twenties and seeing how bad things can really be. I have been an activist on the human rights front for about a decade. And it only happened because I really saw the issues in my country and continent. But while my family knows as I make sure they know, and some kind of care, it is not important enough for them.
But weirdly. My country had literal neo-Nazis as a minister and everyone with a brain thinks we still do as bids of the same feather and so on. And suddenly my leftist but not active friends became active, online and outside that. It is weird when I have been warning that this is the road we are on for the better part of a decade it took it to happen for people to take action. Thankfully we are still solidly democratic so this might work. At least for a few years.
Prices go down all the time. You literally watched egg prices fall like 4x this year.