Raven
18k posts, incept 2017-06-27
2020-06-30 12:07:28
@Eaandkw -- yes, thank you for adding that to the list, streaming. Same thing with music when one thinks about it if it is tied to a particular platform.
Reminded me of something else. The whole concept that we will not own major items like cars and instead rent them as needed. Leasing is the big start with bad monetary policy supporting the transition to said. The inflation makes the durable good too expensive to purchase outright or reasonably finance, but supports major players who own the fleets for leasing. It then affects the entire market and consumer experience.
The assholes are even discussing the end of home ownership in a manner even worse than property taxes. Bank owned houses is spoken about often as a means to fix the zombie house mess with people renting from banks. Forbid it that these houses are returned to the market at fire sale prices, banks fail and housing prices return to normal levels. Can't have that.
Funny how no one, other than here, speaks about realizing losses and letting industries eat their losses to wash out bad inflation. Perhaps inflation was the tool to move assets further out of reach and take them away from personal ownership. That's right monetary manipulation - communism
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YCNU.