It will have to if we keep on this trajectory. You keep cutting people out of the workforce, how will they buy your products?
It did get that point. People were getting $600/wk from the government during the pandemic.It will never get to that point, they will lower the prices just enough so you’re only surviving instead of living.
You see it all the time in rent. They dropped it during the pandemic when no one was renting but look at it now it’s back to ridiculous levels.
All it takes is one generation to start saying it's dope, or 1 or 2 designs might actually be really good. Then the floodgates will open.So who is going to runway those wack ass clothes they swear are dope?
It did get that point. People were getting $600/wk from the government during the pandemic.
If consumer buying power falls too low, the system will collapse without stimulus.
You had to pay back PPP loans, not the stimulus. You did have to pay taxes on the stimulus unless you were poor.Yea but that was short term and didn’t they have to pay that back? I’m no economist but all that extra money flowing into the system is responsible for SOME of the inflation we are seeing today.
There’s some smart people out there that’s making sure the system doesn’t collapse. It’s like they have society on drips, if you’re about to pass out they up the dosage just enough for you to stay alive, whether it be a short term stimulus or the temporary lowering of prices.
I don’t think UBI is realistic in a capitalist society. I’ll be glad if my pension is still there when I retire and I hope they keep welfare for those who need it.