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That is the one upside to capitalism and you don’t even consider it a full upside?
I loved the jar of pickles joke. It somehow got me every time. Then they seemed to just drop it out of nowhere. Well I guess once she left, but still.
EmperorGormet@lemmy.worldto Fuck Cars@lemmy.world•North America is not a lost causeEnglish85·2 years agoNo no, didn’t you hear? The US is FUCKED.
EmperorGormet@lemmy.worldto No Stupid Questions@lemmy.world•Isn't Greedflation just inflation with different people profitting?45·2 years agoYes and no. It’s basically just super complicated and we don’t know how much is each factor. But I would highly doubt that part of the rising costs is not also just because people are still willing to pay.
At the end of the day it’s supply and demand. And that fluctuates based on so many different things.
Interest rates being low and money being easy to borrow creates higher demand and will in part cause prices to increase.
Supply chain shortages create massive demand spikes that can have massive effects on pricing of certain products as the supply chain tries to stabilize.
The FED can employ quantitative easing to increase money supply and liquidity, which adds to inflation, but increases economic growth (Theoretically).
Or they can use quantitative tightening to reduce money supply and lower demand, slow growth etc.
Lastly companies understand how normalized inflation has become and can increase what they charge even if their cost of goods isn’t moving significantly. So there is certainly some degree of this happening.
Hopefully the market will re-adjust as profit margins change and consumers spending habits fully adjust to the market.
Basically if everyone re-evaluates what and how they are purchasing, the market has to adjust. If you buy the products you prefer at the inflated cost, companies are not going to lower prices. If you buy budget or off brand items where you can, they will be forced to change their strategy to compete.
I think if you watch Barbie first it will take away for Oppenheimer. Longer movie would always go first IMO but especially in this case
EmperorGormet@lemmy.worldto Movies and TV Shows@lemmy.film•J. Robert Oppenheimer’s Grandson Says He “Definitely Would Have Removed” One Scene in Christopher Nolan’s Film5·2 years agoCould have been cool if the sceen was more like a daydream so it references it but doesn’t present it as fact. Although it is a drama/biopic not a documentary
EmperorGormet@lemmy.worldto politics @lemmy.world•Yale professor: Biden's economy most successful since FDR's New Deal181·2 years agoHow about repealing the Glass-Steagall act under Clinton? You cant look at things in a vacuum because impact from policy is delayed. 2008 didn’t happen because Bush signed one or two documents, it was decades of policy and corruption. Saying “The only president you know” seems quite unfair. Regardless if you think Trump is a shit-bag or not.
EmperorGormet@lemmy.worldto Lemmy Shitpost@lemmy.world•[Day 3] Posting the Lemmy logo every day but I do whatever the top comment saysEnglish24·2 years agoYou have now not done the top comment on either of the first posts…
EmperorGormet@lemmy.worldto Apple@lemmy.world•If you have really bad tinnitus, you can use your iPhone and Airpods Pro to get some relief.English2·2 years agoI have tinitus and never though to use them this way, thanks for the post! Im going to try it out right now.
EmperorGormet@lemmy.worldto Apple@lemmy.world•If you have really bad tinnitus, you can use your iPhone and Airpods Pro to get some relief.English5·2 years agoContrary to popular belief people like headphones. Even so this person is suggesting using the Airpods while you are moving around and interacting with people and to just have the slight background noise to help. I love my AirPods Pro’s. They have exceptional sound quality and the noise canceling mode is pretty amazing. Can we let people enjoy/be excited about things?
EmperorGormet@lemmy.worldto News@lemmy.world•A fight erupts in U.S. housing market as deteriorated affordability clashes with the 'lock-in effect'1·2 years agoYea like what? Why pay 50% more for a house or have a “market adjusted rate” on a used car. These assets are not worth leveraging that much for.
EmperorGormet@lemmy.worldto News@lemmy.world•A fight erupts in U.S. housing market as deteriorated affordability clashes with the 'lock-in effect'4·2 years ago2008 saw the unprecedented approval of loans, but also there were a LOT of adjustable or variable rate mortgages. So as rates increased sharply, people all of a sudden were deep under water. At least here they still have low rates. even if it is on a higher priced house, their payments won’t be getting worse.
But yes housing prices are out of control. People are starting to feel it, and it could very quickly go wrong for people. People even have crazy high loans on used cars. Going to be very interesting how it plays out.
EmperorGormet@lemmy.worldto News@lemmy.world•Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind3·2 years agoSaw a store selling a gallon of milk for $7. Was an “upscale” grocery store, but come on. Half a load of bread from the bakery was $8. Where is the other half of my bread?! I walked out
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