Oddbean new post about login | logout A place that I love to get food and smoothies at just closed their doors. They said that the price of getting all clean, organic ingredients has become far too prohibitive and they refused to compromise on the very reason they opened to begin with. Inflation is literally a fucking poison on society. This is why the quality of everything is complete shit. The govt literally steals the substance and quality of our lives to fund their own greed and power. Fuck the govt. Fuck the Fed
Sad that such a place has to close because of this bullshit financial system
They shutn down the only local produce supplier near me for a road.....🤡 https://image.nostr.build/7ad1d505f504a8f8c94ad691fdf75992b6024a242969b330bb6baf9bcf42757e.jpg
It’s just sad! Governments literally destroy human connections.
Not true, people do. Usually people who work for governments, but ...
I a say is a fuck a everythings
Truly heartbreaking. I'm trying to warn certain people around me about this (without even saying the b-word) but it really looks like they're gonna learn the hard way and all I can do is accept it. I really don't want them to get squeezed like this
Something similar near my places too, there was this small grocerie startup where everything was bio. It was a "bring your containers" type of place but they had to shut down. Bio is too expensive now
Why didn't they raise their prices instead of closing?
They did raise their prices but they are pricing out their customers by doing so. This is why quality *necessarily* rots under inflation. Because CPI is specifically limited by *wages.* So if you raise prices by cost of materials without adjusting their quality, you will necessarily move at 2-3x the rate that customers can afford it, because wages are far and away the slowest moving market prices. It creates a permanent “catching up” scenario where the only solution for business owners is to replace real fats with fake chemicals, real ingredients with Monsanto recipes, glass bottles with plastic, etc etc. There is literally no easy solution. You either compromise quality, or you price yourself out of the very market you are targeting.
They will tell you to eat bugs. Fuckers!
Biggest reason these businesses are closing is the rent or mortgage is taking most of their profits. A society without mortgages is the solution. If every business owns their own building then they could easily have bigger profit margins and not worry too much. The banks let people borrow money. Money is that from people's accounts. If banks didn't let anyone borrow money then real estate would be dirt cheap. Most people would just need to save for a while and purchase the building. Banks borrowing have created this mess. Bitcoin will take power from banks and borrowing will become a thing of the past. Until then we will continue to see small business decline and go bankrupt.
There's a spiritual reason for this... https://peakd.com/anarchy/@creatr/human-governments-are-satanic Thank Jesus/God, there's also a spiritual solution to the increasingly severe problem of human government: https://peakd.com/library/@creatr/the-kingdom-of-jesus-god-the-heavens-my-library-shelf
