the rest of us literally don't have the money to 'spend' anymore.

lol, I stopped consuming during the price gouging when COVID happened. I saw the greed and just... stopped. screw their cheap shit. it's not that I can't afford it, I actively refuse to keep buying stuff and watch it break in 6-8 months needing to buy it again.

I'm just living humble by choice now

This is a repeat of ancient Roman history.

The wealthy elite became so wealthy that they could insulate themselves from the rest of the country and economy ..... they had so much money that they could make, produce and build everything they needed for themselves ... while the rest of the world degraded and fell apart.

And as soon as enough of the world and it's people fell apart and became a lawless land ..... everyone started attacking one another, especially the insulated wealthy elites.

We're on our way now folks ..... if I don't see you in the future hellscape, my ghost will.

If capital wants me to spend money, they have to pay me some first.

I'm not an overgrown child that needs to have the latest iphone and every meal delivered or whatever. I've got a public library and comparably cheap food I can cook myself.

And this is going to suck for the American economy.

A large part of the economy is built on providing goods and services to all members of the economy. The economy is going to suck when half of it can't afford to spend.

This is why malls either die or become luxury outlets.

I dunno how they expect to keep any kind of economy when the vast majority have no money to spend.

We should remind them that our labor needs to be worth enough for us to spend that value, otherwise they’re in for a loss as well.

Only buy from local businesses this holiday season.

And before you spend your money locally, find out if the business supports maga. Not one cent should ever go to a maga business.

Spending blackout against fascism.

Once again, you cannot have a consumerist society where the average consumer cannot afford shit.

Sorry folks but im not so keen to spend without an income.

This is one thing that those supporting runaway capitalism don't seem to understand. Money ultimately flows up. It relies on a bunch of people closer to the bottom to start that flow. The more people taking part, the better. Each consumer can put in a little if the number of consumers is high.

If market prices go up so far that the people at the bottom can't initiate that flow, then the system fails. Money doesn't flow at all, and those at the top start taking losses. Dominoes fall. The system needs consumers to be able to afford goods. It's one reason why prices cannot just go up until the end of time. You can't squeeze blood from a stone.

But so many of these rich folks now are under the impression that money just flows in without understanding from where. Prices just go up, as if it were an infinite money glitch. These people will eventually have an awakening.

Just invest more in advertising, that'll fix it.

I wonder if this chart has anything to do with it.

And if the point isn't immediately obvious, there's an easy to miss little yellow line at the bottom of the chart that represents the combined wealth of half the US population.

TFW the parking lot at dollar tree is full of beemers and Benz.

Imagine having to deal with bullshit like this all day as your job.

ITT people confuse the mathematical limits of consolidating currency with the actual unbounded consolidation of power.

No, the rich don't care about the health of the economy. Yes, they will run out of money that can be directly siphoned from your consumer pockets. That's just the beginning of the real endgame.

Short on rent money? I'll be happy to write off your rents in perpetuity if you sign this contract granting rights to your organs upon death. Can't afford clothes? A lifetime agreed employment spent sorting trash will keep you in free, durable work clothes. Can't afford to raise your kids? We'll give you a sweet deal to cover necessities and they can pay it back later. Muggers and thieves got you down? Come sign on to our secure company commune!

These are the exact conditions that historically lead to feudal systems. People didn't abandon their homesteads and independence to become serfs voluntarily. It was always out of necessity.

alexa whats a K-shaped economy

Coincidentally, while walking through the grocery stores I find myself gravitating towards the cheaper lower-quality mass-produced food of my childhood.