Polish government decided to send check to all parents as a way to promote having kids.
You know what happened? All the products needed by young kids suddenly rose in price. Sending checks to americans will do the same - all necessities will just become expensive exactly by amount of money they got.
Want to change the world? Tax the debt machine (5 or 10% of every transaction involving stocks and obligations, including using them as a loan security) and treat companies like people (as in - tax them on income, not on profit).
If supply is, for example, 10.000 units a day, and demand rises from 5.000 to 8.000, there is no reason why the price should increase, other than corporate greed.
This isn’t what was happening. Supply was 10k, and demand was 10k. They gave out money to people, and supply stayed 10k. Of course prices increases under these conditions.
Things only cost more if the people pay more. With spending discipline, people could have had actually more. Most things are industrially produced. Supply likely was no bottleneck and the increased demand could have been matched.
The implication is that people already own everything that they can buy. Wage increases only increase inflation. Fighting for higher wages only increases the prices.
There was no increase to amount of kids conceived after the “financial help” was redistributed. Prices of child necessities grew after the funding was passed, before first money reached the parents.
And, as I said, this will exactly happen in the USA - they will give handouts, necessities will grow and all the handout money will just pass back to billionaires with interest.
Polish government decided to send check to all parents as a way to promote having kids.
You know what happened? All the products needed by young kids suddenly rose in price. Sending checks to americans will do the same - all necessities will just become expensive exactly by amount of money they got.
Want to change the world? Tax the debt machine (5 or 10% of every transaction involving stocks and obligations, including using them as a loan security) and treat companies like people (as in - tax them on income, not on profit).
It’s supply and demand, if your raise the demand of course the products cost more. What did they expect?
If supply is, for example, 10.000 units a day, and demand rises from 5.000 to 8.000, there is no reason why the price should increase, other than corporate greed.
This isn’t what was happening. Supply was 10k, and demand was 10k. They gave out money to people, and supply stayed 10k. Of course prices increases under these conditions.
Things only cost more if the people pay more. With spending discipline, people could have had actually more. Most things are industrially produced. Supply likely was no bottleneck and the increased demand could have been matched.
The implication is that people already own everything that they can buy. Wage increases only increase inflation. Fighting for higher wages only increases the prices.
There was no increase to amount of kids conceived after the “financial help” was redistributed. Prices of child necessities grew after the funding was passed, before first money reached the parents.
And we are surprised? That exactly how the market works.
And, as I said, this will exactly happen in the USA - they will give handouts, necessities will grow and all the handout money will just pass back to billionaires with interest.