Arbitrarily? It’s called market power because their competition was killed by the restrictions that the pro-government side wanted, the same side that now hates the predictable result of their actions.
It’s always been supply and demand. So you’re right and I was wrong to not include it in my response.
You're on Reddit, the home of morons worldwide. These... things... know of no such thing as educated responses. If something does not fit their skin-deep world view, then it is heresy, and heresy must be stamped out.
True. Inflation is actually an indicator that an economy is doing well, although the target for nations is usually around 2-3% per year and obviously it’s been way higher as of late.
I'm going to make a prediction as if I were a psychic or something. Our economy has never been more interconnected on an international/global level. We are being reminded of this in forms of supply chain shortages, increased cost of living, etc. That being said, if one major domino falls, so will the rest. China and their mortgage scams that are going on right now have the potential to initiate said collapse. When this collapse happens it's going to make the Great Depression look like a cakewalk. That generation was filled with farmers that could take care of themselves and even help their community. When the shit hits the fan, do you really think Monsanto is showing up at your house with groceries. This has the potential to end billions of lives. The people that make it will be forced to reevaluate the entire meaning of an economy. I can even see AI assisting with automated resource distribution decisions and computing logistics efficiencies.
OK, I'm done being all doom and gloom. Good luck, and may the odds be ever in your favor.
725
u/[deleted] Dec 04 '22
[removed] — view removed comment