My mum is allergic to apples and oranges. Apple is one of the cheapest juices. She gets periods of hypoglycaemia, most effectively treated with juice. The juices she's traditionally bought for this have slowly been replaced with stuff that is the same but the ingredients show it's mostly apple juice. It used to be that more than half of the juice in the grocery aisle would've suited her needs as there would be things like mango juice, pineapple juice, grape juice, etc. Now the mango juice has apple, the pineapple juice has apple, the grape juice has apple, and the berry punch has apple. I know it's a very niche situation for this one specifically, but it's something I've heard from other people with other allergies as well, anyone unlucky enough to be allergic to a cheap ingredient has seen their options in the grocery store get chipped away at as companies choose to substitute ingredients that were previously fine for cheaper ingredients that could cause serious reactions.
I blame useless MBA people & stock owner focused world view that was started by Jack Welch (GE CEO). And don't get me started with the "companies cannot invest without stock owners" If companies would divert the money from divident payments into investing into the operation, there would be much less need for bank loans and stock listings. Companies should be allowed and recommended to save up money for a larger investment (a new factory)
high corporate taxes in the states (70%+) used to incentivize internal investment and better benefits for employees. also stock buy backs were illegal before reagan
At first when asked to subscribe I was like: "Maybe If I like the other videos" but then I looked at his channel and I realized I already watched all of them.
Who would have thought that building a society and with that the whole economy around ppl always trying to gain on each other as much as possible will lead to here ? Maybe, greed is not good after all.
This is why I never buy new things, all my stuff is 20+ years old. Things are poorly made and aren’t designed to the same standards. I can’t do anything about food though. If Hershey adds even more wax to their chocolate flavored wax ideally you could switch brands, but they all do that, Cadburry, Nestle, Ghirardelli, it’s all chocolate flavored wax.
I refuse to believe there are a mere 71 subs. (72 now). This is so comprehensive, bringing big terms we're never taught about in school into a way we can consume and, even if it makes no difference immediately, feel more comfortable with, courtesy your help of explaining these otherwise unexplained/inaccesible topics. In a slightly unusual way of a compliment, I hope your channel grows so advertisers fight for exposure to your audience, which I hope will be large.
I do wonder how much of this is caused by each level of the supply chain worsening their standards and that it isn't just hard for consumers to find quality products but every level of the supply chain is impacted by the downstream ripple effects of those below them. I know that this is at least partially the case for people buying fabric to make clothing. They had been using the same company for decades and it got worse recently, they talked to the wholesaler for fabrics who said that they themselves noticed that they were having greater losses in storage because the quality was worse than it used to and that there wasn't a single supplier they could recommend buying from them that would definitely do better and that they themselves were searching for new factories to buy from but the factories themselves were saying they were having issues with the quality of the their wool, cotton, linen etc.
Good vid. I would just add the whole issue of planned obsolescence, with companies designing things to break asap so we buy more, which is basically the whole business model of consumerist capitalism
Man, wtf? This is your first video? I already subscribed, you got very clearly the most usual mistakes most people on either end of the political economics spectrum get respectively wrong about inflation, chapeau. Looking forward to more great quality content.
we have to shop at 2 or 3 different stores to save a handful of cents on all the basic shit we constantly have to buy. i don't even think it saves much (if any at all) due to gas prices.
the worst one for me was milky bar chocolate, I swear to god, that shit was so good when I was a kid, now it just tastes like white advent calendar chocolate, it just hits different, and not in a good way
It’s funny how many people are completely clueless to this. I’m so happy I live in a place where I’m *still* allowed to grow my own food in my backyard. Or rather in my parent’s backyard, because there’s no way I’ll ever make enough money to buy a house. Sorry for the tangent. Remember to plant and save trees 🌳- they are literally keeping you alive and well 24/7
Agreed! But the solution has to be becoming more self-sufficient. Become less dependent on big companies. Learn DIY skills, learn to fix and make things. Learn to grow some of your own food. Torrent and set up a media server with Jellyfin. Shop around on your bills and supermarket spending. Learn to cook your own food rather than relying on restaurants and delivery services. If you're travelling or staying somewhere regularly look for somewhere you could rent from the owner direct rather than Airbnb. Create rather than consume with your leisure time. Some of the stuff on Temu is crap and poor quality - but some of it is actually brilliant and 10% of the price. There is a lot of middlemen in our economy and we can bypass them. Corporations, banks and governments will become increasingly oppressive, wasteful and ensh*tified. It's up to us to create systems and lifestyles that enable high quality of life, things we make with love, and have resiliency from the grid and collective societal decline.
A better solution is government regulation for quality in products, incentives/disincentives for executives and stockholders to not seek such high profits, increasing/protecting employee wages, and greater legal liability for companies that produce low quality products and services. Self sufficiency isn't sustainable because working together is just way more efficient. Otherwise, society would never have formed.
I swear I’ve been seeing this in clothing too. Linen blends are priced at the same items that full linen items once were, sweaters that are fully acrylic are charging wool prices, and now everything is full of synthetic fibers
“I’m really glad the algorithm recommended this video. I wasn’t expecting this level of quality from a small channel (though I think that’s going to change).
@@Micro-Econ-YT my thoughts exactly,,,ur presentation and info made me think dis is an " old possibly 1million + subs " channel...i guess i was seeing the future there...cuz u're on ur way there
11:10 Hi-Fi Rush was a low-budget game that was a financial success, it's a bad example and the studios closure had more to do with other factors at play
Such a great video. I was expecting you to be a large channel. Then I started worrying that you might be a gpt bot so I started to read the comments. Whatever the case I'm subscribed
Wrong. Inflation is the general increase in the prices of goods and services in an economy. Expansion of the currency can lead to inflation. In fact a currency always expands but this doesn’t always lead to inflation obviously.
Our generation will talk about the 2010s the way our parents talked about the 80s. Times of great prosperity and forward progress. The 2020s so far have been a complete 180 from that
This is my 2nd video watching you in a row I was listening to your video as a podcast and really liked the way you present stuff, went to check and was shocked you're only 600 subs I wish you the best brother! Goodluck The algorithm did work this 1 time lol
Except the prices are not staying the same lol they are still definitely going up. Also, check out the vitamin content and things like instant oatmeal packets or cereals. Pop-Tarts took out a bunch of vitamins, as did Quaker instant oat packets and a ton of other foods
Correction: Inflation is the increase in the supply of money. The increase in prices is a consequence of inflation. The value of a unit of currency decreases as the supply of money increases. Inflation is a hidden tax on the poor.
He explained in the video why that isn't true. Your definition has been pushed by economists who want to vilify governments and exonerate businesses at the expense of the working class.
Wut? tesla does the least package upselling. The only inaccurate pricing is the announcements for new vehicles five years before the actual car exists. Base MSRP on mine was 50k, actual price was 45k, versus the toyota I cross shopped with a low thirties base msrp and low forties price with packages that you have to get because the base car is not even available.
The video was good at first, but I started noticing more and more inaccuracies which made me feel like you have not researched anything well enough. Here are just a few of the things i noticed 5minutes in. Sweden does not use the Euro, yet it was pictured as doing so in the inflation map of Europe. Palm oil is not inherently bad for health, unless it’s palm seed oil. It’s the seed oils, such as rapeseed oil and sunflower oil, that are considered unhealthy and are very cheap. These are the oils that palm oil and other oils are being replaced with. Palm oil has been replaced in just about everything here in Sweden and replaced with these cheap and horrible seed oils. Tesla is NOT known for having an unrealistic starting price. I think you might have confused this with the price Tesla reveals when unveiling a new model, which is usually much lower than the actual price at release. This is because Tesla tends to be overly optimistic about what they can realistically achieve, not because there are options that double the price. In fact, Tesla offers fewer options compared to other automakers, typically just two for each model (performance and long range), with very few additional choices.
Do you have a source for "the majority of consumption in advanced economies is services, not things"? I know services have grown, but compared to things like buying a car, buying gas and groceries, and housing I don't see how services could possibly be higher.
So, what is the across the board cost that affects every product and service? It is the government. The rising cost of government is what is killing every industry. What can you do about it? Nothing. Now pay your taxes.
The profit of every company functions just like a tax on the employees. If they got paid more, they could afford better quality goods and support quality business practices. But that gets claimed by the executives and shareholders as profit. That profit is stored in banks which then lend the money with interest to the people who created it. This is much more harmful to the economy than government taxes.
@@pendlera2959Yes that’s not the case for all companies. Shareholders also create the jobs in the first place by giving their money to build factories, do marketing and research etc. and in turn want to earn money. There is nothing wrong with that inherently. The work force should also have power by participating in company decisions and most importantly by choosing where they want to work (often also profit oriented). Something got out of balance here. Not 100% sure what but my guess is that companies get bigger and bigger and can dictate salaries and forget that those salaries will be used to buy thier stuff again. Lower salaries results in lower purchasing power which results in lower quality of goods. I am trying to say: It’s complicated and there are no easy solutions
alright be real with me, are you an industrial plant ? what company is funding this youtube channel get real here, no source for all the info you said bogus definition of inflation victim blaming midway trough the video excuses given to industries for shitty product no mention of how MOST of current inflation comes from corporate greed price fixing and oligopolies
Their definition of inflation makes more sense than the money supply one. Do you really think if the government printed less money that companies would stop enshittification?
You are using the communists explanation for Inflation. It is NOT the generalized increase of prices. It is the currency's loss of aqcuiring power. One definition blames the companies, the other blames the state.
@HansTheGeek The first blames the companies. The second blames the state because they control how much money they print which brings down the value of money. Therefore it's the correct definition.
@@marcorc5167 Companies are watering down their products regardless of how much money is being printed. The companies are competing for shareholders, and the shareholders are looking for companies that make as much profit as possible, preferably more profit year over year. This is unsustainable, so companies are cheating customers in ways that decrease the purchasing power of their currency. The companies are at fault here, so it's appropriate to use a definition of inflation that blames them.
@@marcorc5167 The government printing money isn't affecting how much the companies are reducing the quality of their products. The companies are to blame.
Food labeled with a "New improved recipe!" usually just improves the company bottom line.
you're so mentally ill lol
My mum is allergic to apples and oranges. Apple is one of the cheapest juices. She gets periods of hypoglycaemia, most effectively treated with juice. The juices she's traditionally bought for this have slowly been replaced with stuff that is the same but the ingredients show it's mostly apple juice. It used to be that more than half of the juice in the grocery aisle would've suited her needs as there would be things like mango juice, pineapple juice, grape juice, etc. Now the mango juice has apple, the pineapple juice has apple, the grape juice has apple, and the berry punch has apple. I know it's a very niche situation for this one specifically, but it's something I've heard from other people with other allergies as well, anyone unlucky enough to be allergic to a cheap ingredient has seen their options in the grocery store get chipped away at as companies choose to substitute ingredients that were previously fine for cheaper ingredients that could cause serious reactions.
Mmmmmmoney
I get pimples from palm fat. In Germany, sunflower oil often gets replaced by palm fat. What's next? Crude oil?
That’s a problem most people don’t have, so they accept the shitflation. I love that word now.
My mom has a moderate safflower oil allergy and the oil suddenly was everywhere.
@@kemoni221I like skimpflation more because I don't have to censor it.
Shout out to Ea-nāṣir and his crappy copper!
I blame useless MBA people & stock owner focused world view that was started by Jack Welch (GE CEO).
And don't get me started with the "companies cannot invest without stock owners" If companies would divert the money from divident payments into investing into the operation, there would be much less need for bank loans and stock listings. Companies should be allowed and recommended to save up money for a larger investment (a new factory)
high corporate taxes in the states (70%+) used to incentivize internal investment and better benefits for employees. also stock buy backs were illegal before reagan
@@Megasteel32 Damn, are there ANY problems in today's america that wasn't caused by Reagan?
happy to be here before this channel blows up.
78th sub here saying hi!
Same, it feels like one of the writers of wendover or something
@@seatyourself7082 133th here 🎉
Couple of weeks late to the party here!
At first when asked to subscribe I was like: "Maybe If I like the other videos" but then I looked at his channel and I realized I already watched all of them.
Who would have thought that building a society and with that the whole economy around ppl always trying to gain on each other as much as possible will lead to here ? Maybe, greed is not good after all.
This is why I never buy new things, all my stuff is 20+ years old. Things are poorly made and aren’t designed to the same standards.
I can’t do anything about food though. If Hershey adds even more wax to their chocolate flavored wax ideally you could switch brands, but they all do that, Cadburry, Nestle, Ghirardelli, it’s all chocolate flavored wax.
DIY. You can buy excellent cacao powder.
I refuse to believe there are a mere 71 subs. (72 now). This is so comprehensive, bringing big terms we're never taught about in school into a way we can consume and, even if it makes no difference immediately, feel more comfortable with, courtesy your help of explaining these otherwise unexplained/inaccesible topics. In a slightly unusual way of a compliment, I hope your channel grows so advertisers fight for exposure to your audience, which I hope will be large.
Well, it is my first video, thanks for the kind words :)
Yeah, too good for a first timer, something fishy going on. Probably a CIA and/or north korean psyop .
I do wonder how much of this is caused by each level of the supply chain worsening their standards and that it isn't just hard for consumers to find quality products but every level of the supply chain is impacted by the downstream ripple effects of those below them. I know that this is at least partially the case for people buying fabric to make clothing. They had been using the same company for decades and it got worse recently, they talked to the wholesaler for fabrics who said that they themselves noticed that they were having greater losses in storage because the quality was worse than it used to and that there wasn't a single supplier they could recommend buying from them that would definitely do better and that they themselves were searching for new factories to buy from but the factories themselves were saying they were having issues with the quality of the their wool, cotton, linen etc.
Surprising how we're bringing downfall in the name of profit.
Profit is good as long as i profit.
@@HansTheGeek so human welfare doesn't matter then?
Good vid. I would just add the whole issue of planned obsolescence, with companies designing things to break asap so we buy more, which is basically the whole business model of consumerist capitalism
I just had a Swanson's Salisbury Steak (dont' judge me), and I swear to God they're making these things with horse meat now.
Always have been
@@thex2thaz If that's the case, than they've switched to something cheaper than horse.
Maybe reconstituted insect proteins?
Depressing.
How Money Works out here with a secret channel 😮😂
Man, wtf? This is your first video? I already subscribed, you got very clearly the most usual mistakes most people on either end of the political economics spectrum get respectively wrong about inflation, chapeau. Looking forward to more great quality content.
we have to shop at 2 or 3 different stores to save a handful of cents on all the basic shit we constantly have to buy.
i don't even think it saves much (if any at all) due to gas prices.
Thank you for making this video. I hope your channel blows up. I'm officially your 85th subscriber.
I was here before this quality channel was discovered by the masses. I wish you all the best going forward!
thanks for the kind words :) 2,000+ views now so I am pretty happy with that!
S**tflation has a family-friendly name. It's also known as skimpflation.
the worst one for me was milky bar chocolate, I swear to god, that shit was so good when I was a kid, now it just tastes like white advent calendar chocolate, it just hits different, and not in a good way
It’s funny how many people are completely clueless to this. I’m so happy I live in a place where I’m *still* allowed to grow my own food in my backyard. Or rather in my parent’s backyard, because there’s no way I’ll ever make enough money to buy a house.
Sorry for the tangent. Remember to plant and save trees 🌳- they are literally keeping you alive and well 24/7
eat trees
Agreed! But the solution has to be becoming more self-sufficient. Become less dependent on big companies. Learn DIY skills, learn to fix and make things. Learn to grow some of your own food. Torrent and set up a media server with Jellyfin. Shop around on your bills and supermarket spending. Learn to cook your own food rather than relying on restaurants and delivery services. If you're travelling or staying somewhere regularly look for somewhere you could rent from the owner direct rather than Airbnb. Create rather than consume with your leisure time. Some of the stuff on Temu is crap and poor quality - but some of it is actually brilliant and 10% of the price. There is a lot of middlemen in our economy and we can bypass them.
Corporations, banks and governments will become increasingly oppressive, wasteful and ensh*tified. It's up to us to create systems and lifestyles that enable high quality of life, things we make with love, and have resiliency from the grid and collective societal decline.
A better solution is government regulation for quality in products, incentives/disincentives for executives and stockholders to not seek such high profits, increasing/protecting employee wages, and greater legal liability for companies that produce low quality products and services. Self sufficiency isn't sustainable because working together is just way more efficient. Otherwise, society would never have formed.
I swear I’ve been seeing this in clothing too. Linen blends are priced at the same items that full linen items once were, sweaters that are fully acrylic are charging wool prices, and now everything is full of synthetic fibers
74 subs for a video this well made? WHO ARE YOU??
DIY, torrent and so on.
These are the solutions you can apply on an individual level.
“I’m really glad the algorithm recommended this video. I wasn’t expecting this level of quality from a small channel (though I think that’s going to change).
Glad you enjoy it!
@@Micro-Econ-YT my thoughts exactly,,,ur presentation and info made me think dis is an " old possibly 1million + subs " channel...i guess i was seeing the future there...cuz u're on ur way there
How is this your first video. Good quality but I cant help but too wonder if there is something strange going on here.
I am an industry plant 😉
39th Sub and 39th Like!
The quality of these videos are as good as other channels with millions and millions of subsribers, you're gonna be big.
At this point, if I want snacks I make them myself for the week, it blows my mind just how bad store bought goods are now.
11:10 Hi-Fi Rush was a low-budget game that was a financial success, it's a bad example and the studios closure had more to do with other factors at play
I subscribed just from the first 10 seconds🤗 man you’re a gem 💎 ❤
A price is most of the time a reflection of the scarcity of the good or service. Could it be that we lived beyond our means for a while?
Thank god the algorithm wanted me to see this criminally underrated video, great work!
389th Sub! This is amazing quality, can’t wait for your channel to blow up!
Thanks for the sub!
@@Micro-Econ-YT 679 sub. wait I thought it's 679k oO
Such a great video. I was expecting you to be a large channel. Then I started worrying that you might be a gpt bot so I started to read the comments. Whatever the case I'm subscribed
I promise I am a real boy!
Wow really loving your videos dude! Keep cooking!
Inflation isn't rising prices. It's an expansion of the currency supply. Rising prices is one effect of inflation.
Wrong. Inflation is the general increase in the prices of goods and services in an economy. Expansion of the currency can lead to inflation. In fact a currency always expands but this doesn’t always lead to inflation obviously.
@HansTheGeek fool!
Here before this channel blows up
Remimds me of an Adam Curtis production.
Nice work
Our generation will talk about the 2010s the way our parents talked about the 80s. Times of great prosperity and forward progress. The 2020s so far have been a complete 180 from that
why is this so real
This is my 2nd video watching you in a row
I was listening to your video as a podcast and really liked the way you present stuff, went to check and was shocked you're only 600 subs
I wish you the best brother! Goodluck
The algorithm did work this 1 time lol
Now THAT is a well made video. Keep it up, I can sense that your channel will blow up in sub counts fairly soon!
how does this guy not have hundreds of thousands of subs by now
This is only my first video and I can still improve a lot, but maybe I will get there one day.
@@Micro-Econ-YTstick at it mate, you've got skill and talent for this
i am over 30 and my entire life i remember supermarkets havaing to label kg prices.
Sh_tflation is a good word. I will start using it.
Wait, what. How...
How what?
@@Micro-Econ-YT I was surprised by how the new and small the channel was, given the quality of video produced. Keep it up, subscribed 👍
Great quality and interesting topic. Still can't believe this is a first video on the channel.
Thanks! I have made a few more now, hopefully I can keep on making them better!
well it is sad world if I look around, that's why I didnt
I guess that’s one way to deal with it 😂
loved the video, hope you become a great channel in future...
Appreciate the kind words internet stranger 🙏
"Kaizen" means continuous improvement in japan and is taught at an early age. The world would benefit from this simple but effective principle.
Except the prices are not staying the same lol they are still definitely going up. Also, check out the vitamin content and things like instant oatmeal packets or cereals. Pop-Tarts took out a bunch of vitamins, as did Quaker instant oat packets and a ton of other foods
well lane keeping assistants are just dangerous, so no need for that
struck gold with this vid
More people need to see this
this is brilliant
Holy shit you will blow up so fast bro 🚀
Maybe one day but I am just having for putting these together for now
Great video.
Good luck moving forward on your YT journey.
Thank you!
People may not like feudalism but at least they had bread regulations
Subscribing right now. This video is great. You need more views
Thank you!
Palm oil is used as its shelf stable.
Wow great content 👏
Sorry arrived late im subscriber 193 😢
Well thanks for checking out my channel anyway 😂
Great Thumbnail, Great Title, Easy to remeber name, Good video editing. If i keep going you'll blow i know it.
I hope your right, but in the meantime I think 2k views is kinda crazy when you think about it.
Good channel. Thanks!
179th subscriber, and also, i believe in u
Thanks for the kind words, the feedback has been very inspiring
Man I love capitalism. 🥰
Correction: Inflation is the increase in the supply of money. The increase in prices is a consequence of inflation. The value of a unit of currency decreases as the supply of money increases. Inflation is a hidden tax on the poor.
He explained in the video why that isn't true. Your definition has been pushed by economists who want to vilify governments and exonerate businesses at the expense of the working class.
@@pendlera2959 OK comrade.
im your 21st subscriber okay??
Welcome to the club 😀
Subbed, keep it up
Underrated!
Thanks 🙏
Before the 100 subs:)
Hello, I was here at 42 subs 😛
Wut? tesla does the least package upselling. The only inaccurate pricing is the announcements for new vehicles five years before the actual car exists. Base MSRP on mine was 50k, actual price was 45k, versus the toyota I cross shopped with a low thirties base msrp and low forties price with packages that you have to get because the base car is not even available.
switch to Linux, at least in this area there is a better alternative
My boy Ea-Nasir
71st sub ❤
Great video
Thank you 🙏 more to come 😊
Here at 68 subs
Were you 69?
And we know who is hoarding all the money.
Can we all eat the tech giant CEOs first when world goes to shit?
Don't forget the bankers. War industries. Pharma-medial complex. I am very hungry.
And they love to see their money losing value.
someone send this video to pyro
its start along before pandemic
It's called inshitification actually.
i blame overpopulation
cool vid
You missed the censor at least 4 or 5 times. I found it kinda funny at first but by the end it made me a bit sad lol
I beitece the official term is ishitification
Wtf? Only 163 subs? No way
I have only just started so hopefully I will get more over time :)
? Isn’t Tesla like one of the only car companies that has very minimal “options”? 6:35
Dont buy useless shit food
The irrelevant background music is really annoying. Why do people do this?
52nd sub
UA-cam hey Google Hey Google undo
The video was good at first, but I started noticing more and more inaccuracies which made me feel like you have not researched anything well enough.
Here are just a few of the things i noticed 5minutes in.
Sweden does not use the Euro, yet it was pictured as doing so in the inflation map of Europe.
Palm oil is not inherently bad for health, unless it’s palm seed oil. It’s the seed oils, such as rapeseed oil and sunflower oil, that are considered unhealthy and are very cheap. These are the oils that palm oil and other oils are being replaced with. Palm oil has been replaced in just about everything here in Sweden and replaced with these cheap and horrible seed oils.
Tesla is NOT known for having an unrealistic starting price. I think you might have confused this with the price Tesla reveals when unveiling a new model, which is usually much lower than the actual price at release. This is because Tesla tends to be overly optimistic about what they can realistically achieve, not because there are options that double the price. In fact, Tesla offers fewer options compared to other automakers, typically just two for each model (performance and long range), with very few additional choices.
Do you have a source for "the majority of consumption in advanced economies is services, not things"? I know services have grown, but compared to things like buying a car, buying gas and groceries, and housing I don't see how services could possibly be higher.
So, what is the across the board cost that affects every product and service?
It is the government. The rising cost of government is what is killing every industry.
What can you do about it?
Nothing. Now pay your taxes.
😂 seriously? Just as a fun game: Comment your estimate on what portion of all taxes are used to pay the government. Then look it up.
The profit of every company functions just like a tax on the employees. If they got paid more, they could afford better quality goods and support quality business practices. But that gets claimed by the executives and shareholders as profit. That profit is stored in banks which then lend the money with interest to the people who created it. This is much more harmful to the economy than government taxes.
@@pendlera2959Yes that’s not the case for all companies. Shareholders also create the jobs in the first place by giving their money to build factories, do marketing and research etc. and in turn want to earn money. There is nothing wrong with that inherently. The work force should also have power by participating in company decisions and most importantly by choosing where they want to work (often also profit oriented). Something got out of balance here. Not 100% sure what but my guess is that companies get bigger and bigger and can dictate salaries and forget that those salaries will be used to buy thier stuff again. Lower salaries results in lower purchasing power which results in lower quality of goods.
I am trying to say: It’s complicated and there are no easy solutions
@@pendlera2959btw. Banks don’t own the money they give out as loans. They can just create it. That’s the main way money is created in fact.
alright be real with me, are you an industrial plant ? what company is funding this youtube channel get real here,
no source for all the info you said
bogus definition of inflation
victim blaming midway trough the video
excuses given to industries for shitty product
no mention of how MOST of current inflation comes from corporate greed price fixing and oligopolies
Their definition of inflation makes more sense than the money supply one. Do you really think if the government printed less money that companies would stop enshittification?
I love the term that I first heard from DankPods "In-sh!t-ification."
Yeah I love that one too, although I think it has more to do with a specific product life cycle.
You are using the communists explanation for Inflation.
It is NOT the generalized increase of prices.
It is the currency's loss of aqcuiring power.
One definition blames the companies, the other blames the state.
Why does a loss in purchasing power blame the state? Maybe nether are to blame? Or both? Or the general public? Or greed in general?
@HansTheGeek
The first blames the companies.
The second blames the state because they control how much money they print which brings down the value of money. Therefore it's the correct definition.
@ Except that most of the money isn’t even physical and is not created by the state. Simple explanations for simple people.
@@marcorc5167 Companies are watering down their products regardless of how much money is being printed. The companies are competing for shareholders, and the shareholders are looking for companies that make as much profit as possible, preferably more profit year over year. This is unsustainable, so companies are cheating customers in ways that decrease the purchasing power of their currency. The companies are at fault here, so it's appropriate to use a definition of inflation that blames them.
@@marcorc5167 The government printing money isn't affecting how much the companies are reducing the quality of their products. The companies are to blame.
switch to Linux, at least in this area there is a better alternative