Strypey on Nostr: First, let me ironman the argument. It does seem logical that in a country with a ...
First, let me ironman the argument. It does seem logical that in a country with a shortage of the basics of life (housing, food etc), or where everyone already has as much of them as they need, prices will increase along with employment. Because under these conditions, increasing the total buying power of wage earners is likely to throw them into bidding wars over goods and services that are scarce.
(2/?)
Published at
2024-08-01 05:18:22Event JSON
{
"id": "3f21516fd13d106540cadf4cb66ae79f92fde5f14e89faf4fabed26426e8f34d",
"pubkey": "0b9db3c0a234209dc7a0645154b009b96c8f8fdadd0558d704dcb85404b2bb9c",
"created_at": 1722489502,
"kind": 1,
"tags": [
[
"e",
"2a44ca49ed5b76b1626268f8fc1938f9272e42184de0b028070ae8011c474b5f",
"wss://relay.mostr.pub",
"reply"
],
[
"proxy",
"https://mastodon.nzoss.nz/users/strypey/statuses/112885072042765307",
"activitypub"
]
],
"content": "First, let me ironman the argument. It does seem logical that in a country with a shortage of the basics of life (housing, food etc), or where everyone already has as much of them as they need, prices will increase along with employment. Because under these conditions, increasing the total buying power of wage earners is likely to throw them into bidding wars over goods and services that are scarce.\n\n(2/?)",
"sig": "e8390b90706d624e7b09c8d501913d462f6d2abc8e5a5700ff83b42bd34611f1b1dd9b6328e12974c41aacd85d79632250d2f168cb20705295f66c9c9928c021"
}