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submitted 7 months ago* (last edited 7 months ago) by vaquera_medianoche@lemmygrad.ml to c/genzedong@lemmygrad.ml

Every morning i get to make this face as I read the "Associated Press" to see what drivel the upstream "news" source for the mayo empire has deemed fit to feed down to the masses, usually resulting in me making a face like this:

a few days ago we got this real gem

Who wouldn’t like prices to start falling? Careful what you wish for, economists say

hmm well that sounds foreboding! what could possibly be bad about falling prices?

Wouldn’t it be great if prices actually fell — what economists call deflation? Who wouldn’t want to fire up a time machine and return to the days before the economy rocketed out of the pandemic recession and sent prices soaring?

yes! i think it would be good! i would like to be able to afford food that isn't spaghetti!

Many economists caution, though, that consumers should be careful what they wish for.

why?!?

Mainly because falling prices tend to discourage consumers from spending. Why buy now, after all, if you can purchase what you want — cars, furniture, appliances, vacations — at a lower price later?

um.... oki. so like, i can still spend less money? oki?!?

businesses would face intense pressure to cut prices even more

oh the humanity!!!

It’s certainly true that Americans can make their paychecks go further when prices are falling. If food or gasoline prices were to tumble, households would surely find it less painful to afford groceries or their commutes to work

oh my goodness imagine if those selfish people could afford groceries and commuting to work!

who will think of the businesses?!?! omg

anyways, i've spit all my coffee out. I love me some lib economic takes in the morning. so silly, so fun, we're so doomed. what a broken ass system

rant over y'all thank you :3

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[-] Charlie@lemmygrad.ml 6 points 7 months ago

It’s not only demeaning because it’s so obviously bullshit, it’s, it’s… also paternal or something.

I get that exact sense, like I'm being lectured by a disappointed parent.

If the media aren’t even talking to us, but the caps, could that fact be why online libs are so consistently arrogant and dismissive?

Believing a lie like OPs piece means adopting the language too, and the imagined position of power that comes with it. It sounds just like how their bosses talk.

Threatening that lie also threatens their imagined position of power. Their arrogance is mental protection from the chains that bind em.

I think you nailed it. This also is basically how you create an outlet for frustrations with material condition, directing them naturally to outlets that support capital.

this post was submitted on 02 Apr 2024
75 points (100.0% liked)

GenZedong

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