When money doesn't work people stop working. One of the non-obvious effects of persistently high price inflation is the degradation in services that are often taken for granted.

https://tftc.io/martys-bent/when-money-doesnt-work-people-stop-working/


Our company had put a hold on raises for the last two+ years.. that is a lot of inflation not being provided for..


"Even if you are able to make a living and put yourself in a position to comfortably survive higher price inflation, no amount of money you make will force those who don't receive dignity from their work into the job market. And you will notice a decay in your quality of life as a result."

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Who is me


From: nostr:npub1kjytt9xcfwe70jzzrf9ervv6qpkuz0gvqrdrqjszvv646qsetuzqwglcr3


We see people have stopped working in Argentina, as it has become more costly to work/produce.


From: nostr:npub1xy54p83r6wnpyhs52xjeztd7qyyeu9ghymz8v66yu8kt3jzx75rqhf3urc


From: nostr:npub1cgacw2yrqu7v222sq3q92sw8kc80gpftd620c65ynvx964dj6ras5dgp4s


It's a rough time for the essential worker class.

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Self-reliance.


When inflation is high, saving is futile, so people balance income and expenses. Either by overconsuming or by underproducing.

I'll read the article later, maybe I learn some shit.


The percentage of screwed up orders at restaurants has noticeably increased. Starbucks by my office doesn’t even brew more than a medium roast anymore.  Even those working are just mailing it in for the same reasons elucidated in your piece. Your anecdotes are not anecdotal. It’s pervasive throughout society.