• sanguine_artichoke@midwest.social
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    8 months ago

    Yep, a huge portion of this recent ‘inflation’ is not cost increases or actual inflation… just basically the wealthy class turning the screws on everyone else because they can.

    • EmergMemeHologram@startrek.website
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      8 months ago

      Don’t worry, my Econ 101 class states that surely a competitor will come in and operate at a lower cost to recoup that cost for the customers!

      Wait… what do you mean the competitors are all increasing prices by the same amount knowing demand for diapers is inelastic and the Nash equilibrium is for them to all match price increases so that they all make more money together?

      Surely a new entrant will help!

      Wait… what do you mean nobody will invest in a new competitor because the market is “saturated” and even if they did the big brands would just decrease prices in the areas they operate until they run out of cash and fold?

      Surely a regulator will help!

      Wait… what do you mean the regulators feel price increases are due to “too much demand” for products and are turning the screws on consumers?

    • n3m37h@lemmy.world
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      8 months ago

      But if we don’t let them do this then the super yacht companies will go bankrupt and it will destroy the economy!

      • FlaminGoku@reddthat.com
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        8 months ago

        Gotta say it. This line of humor is a problem.

        It keeps people from doing more than “heh heh, yeah this sucks”.

            • n3m37h@lemmy.world
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              8 months ago

              I seriously don’t think you do, here is a definition.

              the use of humor, irony, exaggeration, or ridicule to expose and criticize people’s stupidity or vices, particularly in the context of contemporary politics and other topical issues.

              • FlaminGoku@reddthat.com
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                8 months ago

                Continuous use of irony eventually makes the person communicate the idea unironically. Be careful with how often you are spouting this before you start believing it.

                • n3m37h@lemmy.world
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                  8 months ago

                  Please explain Steven Colbert then…

                  This sentiment is a load of BS and you know it

    • Snot Flickerman@lemmy.blahaj.zone
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      8 months ago

      “But people are still out here buying staples and maxing out their credit cards, so we can turn the screws just a bit more, right? Right?”

      -Rich People Probably

      • Fester@lemm.ee
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        8 months ago

        “There still aren’t enough homeless people. We can keep going.”

        • Snot Flickerman@lemmy.blahaj.zone
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          8 months ago

          What’s terribly sad about that is we’re genuinely reaching crisis levels in some cities. These people need housing *with functioning plumbing stat.

          I don’t understand people’s hesitance to house them because it’s like… all you people do is complain about them existing and wanting them “out of your downtown.” Well shit, it’s my downtown too and their downtown as well and all I want is for them to be housed, and holy shit that actually solves your whole fucking complaint because now they’re not in “your” downtown.

          The amount of human feces that has to be cleaned daily in some cities is genuinely approaching crisis levels. It’s literally a public health emergency. It absolutely can get to the level where enough fecal matter is in a general area that large amounts of bacteria will be floating in the air, and people can end up getting ill from food that this bacteria has landed on. No direct contact with feces needed, once it has reached that level. We don’t want it to reach that level.

          There’s my rant about how absolutely fucked the homeless situation is, because its inhumane and should be classified as “cruel and unusual punishment” in my opinion.

          • shalafi@lemmy.world
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            8 months ago

            The issue is indeed fucked, but imma NIMBY this one.

            Nuclear reactor in my backyard? Go for it, I understand the risks, and lack thereof. Prison? Fine by me.

            Homeless people in my hood? Hard no. And anyone says different hasn’t known or been around homeless people. Only time I consistently carry a pistol is downtown. I’d be hard pressed to pull it, but still…

            Many, many are blameless. But fuck me. If you can’t figure out a way to get a roof over your head in America, you’re kind of a fuck up. And I know that statement will piss people off, but if pissed off, how many homeless have you personally known? They’re almost all fuck ups, and not the kind you want around your home.

            And yes, I’ve been that desperate, that out of options. Spent a night or two in the woods and under a bridge. Jail would be far preferable. And some take that option.

            It’s clearly cheaper to just provide housing. But where?! Are we going to build concentration camps in the boondocks? And not my boondocks thank you very much. I approach my camp every weekend with a pistol in hand for two reasons; 2 or 4-legged crazy animals have set up camp and think it’s theirs.

            Mental health care? Again, have you ever met or personally known homeless folks? They will NOT willingly go for help. I got stories. We going to force them into hospitals? Hell, if so, let’s just cut to the chase and build concentration camps.

            Lotta sick people walking the streets. And I ain’t got answers. And if anyone gives you a simple answer? That person is ignorant at best, or more probably an asshole.

            Best I got for Americans? Some sort of universal health care. Devil and details and all, but my ex-wife, while training in the hood for her RN, talked of men throwing themselves in front of cars on freezing nights. Free ride to the ER. Yeah. We’re that fucked up.

    • shalafi@lemmy.world
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      8 months ago

      I usually try to see both sides of an argument, give 'em a chance.

      For example; Supply chains were truly fucked over by COVID. And believe it or not, it’s still an issue in late 2023.

      But inflation now is almost entirely corporate greed. They saw what they could get away with and pressed it.

      Say you have egg laying chickens. You were selling a dozen for $1, but prices spiked and people were happy to pay $2.

      You going to drop your prices out the goodness of your heart? And at the same time, feed prices went up (but came down again). Everything went up! Need to repair the fence? $20 worth of wire is now $40 (but that price came down).

      That extra $20 was nothing to me, but I can justify keeping my prices up, or even raising them!

      Expand that to megacorp’s kinda thinking. In my simplistic case, you are solely responsible for the morality of your decisions, and it might be a hard decision. You gonna take less money nice guy?

      For a monster corporation? Nah, that greed is spread over a thousand actors, all sanely acting in their best interest.

      Capitalism is the best economic system we got, but the flaws are clear. We need strong worker unions and strong legislative oversight. And that is clear as well.