return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 3 months agoKroger executive admits company gouged prices above inflationwww.newsweek.comexternal-linkmessage-square99fedilinkarrow-up1727arrow-down15cross-posted to: news@lemmy.worldbusiness@lemmy.worldusa@lemmy.ml
arrow-up1722arrow-down1external-linkKroger executive admits company gouged prices above inflationwww.newsweek.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 3 months agomessage-square99fedilinkcross-posted to: news@lemmy.worldbusiness@lemmy.worldusa@lemmy.ml
minus-squareKaryoplasmalinkfedilinkarrow-up28arrow-down1·3 months agoNono, you misunderstand! Prices going down is a very bad sign as it means something is very wrong! -Every economist ever without explanation or clarification whatsoever
minus-squareprole@lemmy.blahaj.zonelinkfedilinkarrow-up13·3 months agoThey don’t clarify, because if they did it would be clear who it’s “wrong” for. Spoiler alert: It ain’t you and me.
minus-squarePhil_in_here@lemmy.calinkfedilinkarrow-up9arrow-down1·3 months agoThe problem is we talk about the economy in terms like “revenue” “profit” or “prices”. We need to change the language of the economy to appeal to its true creed: line go up. It’s Economics 101. Line go up, forever. Hence, I propose we talk about the cost of things on units of “not getting fucked” Use phrases like, “the not getting fucked on tomato sauce has been dropping lately”
Nono, you misunderstand! Prices going down is a very bad sign as it means something is very wrong!
-Every economist ever without explanation or clarification whatsoever
They don’t clarify, because if they did it would be clear who it’s “wrong” for.
Spoiler alert: It ain’t you and me.
The problem is we talk about the economy in terms like “revenue” “profit” or “prices”.
We need to change the language of the economy to appeal to its true creed: line go up. It’s Economics 101. Line go up, forever.
Hence, I propose we talk about the cost of things on units of “not getting fucked”
Use phrases like, “the not getting fucked on tomato sauce has been dropping lately”