$2 now costs $1
Be nice
Submitted 3 weeks ago by RmDebArc_5@piefed.zip to [deleted]
https://piefedimages.s3.eu-central-003.backblazeb2.com/posts/Ob/JZ/ObJZsbO3V1Tuu0B.webp
Comments
mushroomman_toad@lemmy.dbzer0.com 3 weeks ago
MystikIncarnate@lemmy.ca 3 weeks ago
Congrats, everything has doubled in price overnight.
LordWiggle@lemmy.world 3 weeks ago
Rent.
Una@europe.pub 3 weeks ago
Make cents
Remember_the_tooth@lemmy.world 3 weeks ago
Nice. Here, have a penny for your thoughts.
Olhonestjim@lemmy.world 3 weeks ago
Fuck rent. Home ownership. And 2 homes max.
LordWiggle@lemmy.world 3 weeks ago
Wait. It’s possible to actually own a house? I thought only boomers were allowed to.
And 2 homes max.
Why would you need 2 houses?
defaultusername@lemmy.dbzer0.com 3 weeks ago
I’ll go a step further and say residential property.
Gladaed@feddit.org 3 weeks ago
Ok, you get a maximum of 1 sqr feet for that and no paying for a bigger flat.
LordWiggle@lemmy.world 3 weeks ago
Feet? I’m not Tarantino
Remember_the_tooth@lemmy.world 3 weeks ago
This is a huge win for tiny contortionists.
RaivoKulli@sopuli.xyz 3 weeks ago
RIP rentable apartments
Remember_the_tooth@lemmy.world 3 weeks ago
If only residential rents really were capped at $1, what do you think would happen? In this scenario, I’m assuming it’s limited to one per household. That is, a family or individual can’t rent multiples at $1, just the one.
dream_weasel@sh.itjust.works 3 weeks ago
The rental market immediately dries up as everyone with the ability to move into a rental place does so. Owners of apartments and rental houses immediately divest at the earliest possible time since properties are no longer lucrative. In the meantime, they fail to put any effort into the pretense of basic upkeep except whatever makes their rentals sellable.
The market becomes immediately saturated with previous rental properties now available for individual sale and high supply lowers cost dramatically. The idea of sunk costs makes owners unlikely to sell at rock bottom prices so apartment complexes and the like go out of business, evict everyone and sell their copper from their air conditioners to modestly recuperate the last few months of expenses (water, electricity, leading office staff, etc) and burn them down for insurance money. Single family homes are donated for the use of younger relatives until the market recuperates enough to sell.
It’s a wild ride for about $24 worth of months for all renters, then, ultimately, the price of housing comes down but renting is no longer a “thing”. Some renters can now afford to buy their own houses (Yahoo!) but without changing the pay structure of society, the most vulnerable of wage workers are now homeless (Crap).
Or something, idk.
psx_crab@lemmy.zip 3 weeks ago
Per square feet?
LordWiggle@lemmy.world 3 weeks ago
My feet have a normal foot form, not square. That seems impractical.
ICastFist@programming.dev 3 weeks ago
It now costs $1 to buy the everything that a billionaire owns
REDACTED@infosec.pub 3 weeks ago
US government for 1 dollar? Count me in
umbraroze@slrpnk.net 3 weeks ago
Some poor sod at the US government: “Hold on! HOLD ON! We’re getting hundreds of payments a minute. We need some time to verify all of the new vote orders. It’s very complicated. All votes will happen in due time!”
Agent641@lemmy.world 3 weeks ago
No thanks it’s gone rotten
moopet@sh.itjust.works 3 weeks ago
I’d buy that for a dollar.
Genius@lemmy.zip 3 weeks ago
Star Trek matter replicator (batteries included)
Kolanaki@pawb.social 3 weeks ago
Raising a child.
FooBarrington@lemmy.world 3 weeks ago
1 dollar children, I like that
echodot@feddit.uk 3 weeks ago
How is this hypothetical child being raised? Are we talking Capri sun here or Tropicana. Do they get an iPad?
communist@lemmy.frozeninferno.xyz 3 weeks ago
Ipad is 2 dollars.
humorlessrepost@lemmy.world 3 weeks ago
Self actualization
echodot@feddit.uk 3 weeks ago
How does that work if I’ve still got a dead-end job though?
plyth@feddit.org 3 weeks ago
Smile more
TheBat@lemmy.world 3 weeks ago
Bitcoin.
phdepressed@sh.itjust.works 3 weeks ago
That could actually make it a viable currency. Unless you mean the entirety of all bitcoin in which case lol.
TriflingToad@sh.itjust.works 3 weeks ago
if the US dollar crashes then Bitcoin would do the same, with that drawback why not just use the dollar? (I know nothing about crypto)
dalekcaan@feddit.nl 3 weeks ago
I think there are cryptos that fix their value to the dollar
explodicle@sh.itjust.works 3 weeks ago
The USD is now backed by bitcoin and you spend small fractions of a dollar.
Olhonestjim@lemmy.world 3 weeks ago
Housing.
oplkill@lemmy.world 3 weeks ago
Which means house holders will buy it more
Olhonestjim@lemmy.world 3 weeks ago
Legal limit of 2 per household. Illegal for corporations to own housing of any kind. Immediate sell-off mandatory.
BarHocker@discuss.tchncs.de 3 weeks ago
Asking a price for something costs 1€ of every 0,50€ now.
Remember_the_tooth@lemmy.world 3 weeks ago
I didn’t understand this. Could I have an example?
BarHocker@discuss.tchncs.de 3 weeks ago
You want to sell an apple for 3€. That is 6 × 50 ct. For every 50 ct you ask in price you have to pay 1€. Therefore if you ask a price of 3€ for an apple you have to pay 6 × 1€ = 6€.
voodooattack@lemmy.world 3 weeks ago
My smile. Time to make the world a better place.
daggermoon@lemmy.world 3 weeks ago
2 bedroom apartment
YexingTudou@lemmy.ml 3 weeks ago
Unfortunately a three bedroom still costs $2000, I don’t understand it either
fuckgod@feddit.online 3 weeks ago
Man, that jump to a 3rd is STEEP
Object@sh.itjust.works 3 weeks ago
To whom does the money go?
RmDebArc_5@piefed.zip 3 weeks ago
To me of course
spankmonkey@lemmy.world 3 weeks ago
Free Parking so that the game can drag out indefinitely.
AceFuzzLord@lemmy.zip 3 weeks ago
The cost of all stuffed animals at a thrift shop.
Then I could easily work on increasing the amount of rescues I will have. It’s currently 1.5 rescue to 4 others ( purchased at a store, gift shop, gift, etcetera ).
My goal to someday have more rescues than store bought would be a little easier.
Oh yeah, and kids would have an easier time accessing them because $1 stuffed animals are a lot easier to convince a parent to buy than a $5.99 stuffed animal. But I don’t like kids, so they were an afterthought!
DeathByBigSad@sh.itjust.works 3 weeks ago
Birch@sh.itjust.works 3 weeks ago
Currently it costs direct air capture startup “Climeworks” about 1200 usd to remove one metric ton of CO2 from the atmosphere, the average human directly emits about 0.8 kg of CO2 a day (just through breathing).
Thus, breathing costs 1 USD a day to offset using “Direct Air Capture”.
x0x7@lemmy.world 3 weeks ago
It said price, not cost. Now no one will solve climate change because the price is beneath cost.
rumba@lemmy.zip 3 weeks ago
It now costs $1 to own more than a billion dollars in assets for one millisecond. We’re talking total value here assets, property.
Bezos would be down to a billion in just over 2 days.
buttnugget@lemmy.world 3 weeks ago
That’s not a good or service. Fucking low bar for humor, holy shit.
RizzRustbolt@lemmy.world 3 weeks ago
1$ footlongs.
Nangijala@feddit.dk 3 weeks ago
My rent
DragonTypeWyvern@midwest.social 3 weeks ago
Bro you could have said mortgage
Nangijala@feddit.dk 3 weeks ago
Ngl, the thought of ever getting to own my own home is still so far out of my reach that I just don’t think about it as a possibility most of the time.
MystikIncarnate@lemmy.ca 3 weeks ago
I would have just gone with housing.
lime@feddit.nu 3 weeks ago
the economy
untorquer@lemmy.world 3 weeks ago
Was about to say some index fund or smth.
Gradually_Adjusting@lemmy.world 3 weeks ago
Henceforth, $1 shall cost $1. Inflation solved.
Remember_the_tooth@lemmy.world 3 weeks ago
Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I’ll settle for another joke, amusing anecdote or icy silence with a judgmental stare.
yermaw@sh.itjust.works 3 weeks ago
“You obviously know nothing of how the real world works.”
Was going to type a whole bullshit essay with random made up stats and facts to make your idle question look malicious and uninformed, but I just cant be arsed. Can we just pretend I was a cunt for mild chuckles?
Gradually_Adjusting@lemmy.world 3 weeks ago
I’d enjoy the topic at a less busy time of life. I’m being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that’s just from my kid!
dream_weasel@sh.itjust.works 3 weeks ago
The world economies slow down probably.
At negative inflation there is no incentive to spend your money because is becomes increasingly valuable the longer you hold it. With high inflation, there’s incentive to spend because the longer you keep your money in the mattress the less it’s worth to you.
At zero it just is, but that’s less than the usual goal of a couple percent of inflation year over year.
Or maybe I’m full of shit idk.
Eq0@literature.cafe 3 weeks ago
The assumed reason for inflation, as I understand it, is that on one hand things devalue over time and on the other we build our system around infinite growth and rewarding innovation (many asterisks here…)
During the Middle Ages, neither statements were considered true, the world was considered stagnant and there was virtually no inflation. That was before the banking system - so with 0% inflation i would expect the banks to collapse…
And then… I don’t know! Stuff is hard and economics harder…
BagOfHeavyStones@piefed.social 3 weeks ago
Most cryptos are deflationary. That seems to cause hoarding.
Having no inflation sounds good to me if paired with no growth in population, but I know little about economics.
TeddE@lemmy.world 3 weeks ago
🥶
Eq0@literature.cafe 3 weeks ago
Judgemental stare
explodicle@sh.itjust.works 3 weeks ago
Time preferences would be lengthened due to lower interest rates. People would save instead of taking on more debt. It would be harder to get a loan, but your real interest rate would be lower.
Instead of deliberately encouraging consumption, everyone would buy less stuff. This would be terrible for “the economy” (rich people) but great for people who live in the environment.
GlendatheGayWitch@lemmy.world 3 weeks ago
The genie just made 1 US Dollar equal to 1 Australian dollar. One problem solved, another created.
MacNCheezus@lemmy.today 3 weeks ago
A dollar always costs one dollar. What changes is the price of goods.
Gradually_Adjusting@lemmy.world 3 weeks ago
Don’t make me tap the sign
icelimit@lemmy.ml 3 weeks ago
Shrinkflation