Comment on [deleted]
qjkxbmwvz@startrek.website 1 day agoI just wish we’d have neither inflation nor deflation.
Some tech has followed this pattern. For example: entry level Mac laptop in ~2000 was the iBook, priced at $1599 ($3k+ in today’s dollars). The current entry level Mac laptop (M4 Air) starts at $999 — cheaper in absolute dollars, and way cheaper in relative dollars.
(Macs are just an example since Apple doesn’t have a very extensive product list, so there’s only one “entry level” laptop to choose from. And yes it’s fair to ask if the relative specs have just gotten worse, but I think this is also the opposite — the iBook was iirc criticized as being underpowered, whereas the M4 Air is afaik well regarded.)
jacksilver@lemmy.world 1 day ago
Yeah, if you look at most electronics, appliances, etc. you’ll see where purchasing power has increased. Just not sure why food is one of the things that seems to be going crazy lately with inflation.
ChapulinColorado@lemmy.world 1 day ago
Personal opinion: Because some food should not be that cheap. It’s part of the reason we are so fat in the US (plus car centric cities). Subsidies keep some things like corn artificially low and they end up being hammered in into every product (biodiesel, sweeteners, animal feed, etc.). With that setup, companies have learned to use those subsidies and other workarounds and loopholes to maximize profit at the expense of the product being output and we fall for it every time .
al_Kaholic@lemmynsfw.com 1 day ago
Your opinion is bullshit the only reason the poor starve is because you can never satisfy the greed of the rich.