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What really matters (lemmy.world)
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[-] AlligatorBlizzard@sh.itjust.works 5 points 15 hours ago

One of the things I've realized over the past couple of days is that when people talk about the economy, they're not always talking about the same thing. When a normal person talks about it, it's things like the cost of goods and housing, when the media and politicians and ultra-wealthy talk about it, they mean rich people's yacht money - and one of the the problems is many people don't realize those aren't the same thing and at this point of our late stage capitalist hellscape both meanings are opposed to each other. Rich people's yacht money is now coming from increasing the cost of things we need to survive.

this post was submitted on 07 Nov 2024
399 points (99.0% liked)

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