I have a feeling a lot of belts will be tightening 🫩 Discuss your strategies here.

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[–] [S] 3 points 7 months ago (4 children)

I hope fewer sales do force price drops… at some point inflation will mean people can’t buy anything.

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  • [–] 2 points 7 months ago (3 children)

    Well, that’s how the rate rises are supposed to work. Squeeze people and business tighter until some people suffer and demand goes down. What a lot of people don’t say is that if you go through a recession, but keep your job, you end up better off, as you’ve been ok and all the prices come down. Scary while it happens though.

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  • [–] [S] 2 points 7 months ago* (2 children)

    Especially scary for the people who don’t make it through 😥 And usually it’s those already better off financially that make it through and snap up the benefits that follow. Widening the divide.

    I’m hoping inflation is forced into check by people not being able to afford anything anymore but let’s be real… inequality is deepening and companies may still be able to coast off the ones who can

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  • [–] 2 points 7 months ago (1 child)

    Yes. The problem for me is that they are purposely causing the pain of the few to prevent the pain of the many. Surely we can have better ways to manage the economy than force people to lose jobs and be unable to afford food.

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