Gaming

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!gaming is a community for gaming noobs through gaming aficionados. Unlike !games, we don’t take ourselves quite as serious. Shitposts and memes are welcome.

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Don't hate the player (lemmy.world)

submitted 19 hours ago by The_Picard_Maneuver@lemmy.world to c/gaming@lemmy.world

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[–] Swedneck@discuss.tchncs.de 8 points 16 hours ago (1 children)

i love how inflation is just always magically a reason for companies to charge arbitrarily large sums for their products, how the hell do you people think people are supposed to afford things?

seriously, if everything just constantly increases in cost, how precisely do you envision the economy functioning?

[–] explodicle@sh.itjust.works 3 points 13 hours ago

Long story short:

Keynes wrote a fairy tale about inflation raising wages and shortening the work week
Richard Nixon started inflation as we know it
Economists worldwide fell into line
Shockingly, wages didn't go up, the work week didn't shorten, and we now have record-breaking inequality (due to the Cantillon effect).

To this day, people who paid to "learn" the fairy tale insist that inflation is good.