I think that is a tough one. As long as we accept the value of a thing is what people are willing to pay for it, the prices will always climb.
For essential products and services, the value should be based only on the effort required to provide or produce it.
The main reason we’re dealing with our current inflation has everything to do with the amount of cash flowing upwards from the working class to the boardroom and shareholders.
The prices are going up on essential items because people can’t afford to not buy gas, or not eat, or not rent. They need those to stay employable, and they slowly sacrificed everything else to keep those. So the price goes up, and people keep buying it, telling the heartless corporations that they can raise the prices more.
Now we have significant portions of the population using short term loans or payment plans to buy their next weeks groceries.
I agree with all this but think it’s going to take fundamental changes to our entire economic structure, which are desperately needed but unlikely to ever happen as long as the nation is run by a collection of millionaires and billionaires all playimg different ‘roles’ while serving the same goal.
I think that is a tough one. As long as we accept the value of a thing is what people are willing to pay for it, the prices will always climb.
For essential products and services, the value should be based only on the effort required to provide or produce it.
The main reason we’re dealing with our current inflation has everything to do with the amount of cash flowing upwards from the working class to the boardroom and shareholders.
The prices are going up on essential items because people can’t afford to not buy gas, or not eat, or not rent. They need those to stay employable, and they slowly sacrificed everything else to keep those. So the price goes up, and people keep buying it, telling the heartless corporations that they can raise the prices more.
Now we have significant portions of the population using short term loans or payment plans to buy their next weeks groceries.
I agree with all this but think it’s going to take fundamental changes to our entire economic structure, which are desperately needed but unlikely to ever happen as long as the nation is run by a collection of millionaires and billionaires all playimg different ‘roles’ while serving the same goal.