$2 now costs $1
Be nice
Submitted 4 days 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 4 days ago
MystikIncarnate@lemmy.ca 3 days ago
Congrats, everything has doubled in price overnight.
LordWiggle@lemmy.world 4 days ago
Rent.
Una@europe.pub 4 days ago
Make cents
Remember_the_tooth@lemmy.world 4 days ago
Nice. Here, have a penny for your thoughts.
Olhonestjim@lemmy.world 4 days ago
Fuck rent. Home ownership. And 2 homes max.
LordWiggle@lemmy.world 4 days 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 4 days ago
I’ll go a step further and say residential property.
Gladaed@feddit.org 4 days ago
Ok, you get a maximum of 1 sqr feet for that and no paying for a bigger flat.
LordWiggle@lemmy.world 4 days ago
Feet? I’m not Tarantino
Remember_the_tooth@lemmy.world 4 days ago
This is a huge win for tiny contortionists.
RaivoKulli@sopuli.xyz 4 days ago
RIP rentable apartments
Remember_the_tooth@lemmy.world 4 days 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 4 days 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 4 days ago
Per square feet?
LordWiggle@lemmy.world 4 days ago
My feet have a normal foot form, not square. That seems impractical.
ICastFist@programming.dev 4 days ago
It now costs $1 to buy the everything that a billionaire owns
REDACTED@infosec.pub 4 days ago
US government for 1 dollar? Count me in
umbraroze@slrpnk.net 3 days 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 days ago
No thanks it’s gone rotten
moopet@sh.itjust.works 4 days ago
I’d buy that for a dollar.
Genius@lemmy.zip 4 days ago
Star Trek matter replicator (batteries included)
Kolanaki@pawb.social 3 days ago
Raising a child.
FooBarrington@lemmy.world 2 days ago
1 dollar children, I like that
echodot@feddit.uk 3 days 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 days ago
Ipad is 2 dollars.
humorlessrepost@lemmy.world 3 days ago
Self actualization
echodot@feddit.uk 3 days ago
How does that work if I’ve still got a dead-end job though?
plyth@feddit.org 2 days ago
Smile more
TheBat@lemmy.world 4 days ago
Bitcoin.
phdepressed@sh.itjust.works 4 days 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 4 days 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 days ago
I think there are cryptos that fix their value to the dollar
explodicle@sh.itjust.works 3 days ago
The USD is now backed by bitcoin and you spend small fractions of a dollar.
Olhonestjim@lemmy.world 4 days ago
Housing.
oplkill@lemmy.world 3 days ago
Which means house holders will buy it more
Olhonestjim@lemmy.world 3 days ago
Legal limit of 2 per household. Illegal for corporations to own housing of any kind. Immediate sell-off mandatory.
voodooattack@lemmy.world 3 days ago
My smile. Time to make the world a better place.
BarHocker@discuss.tchncs.de 4 days ago
Asking a price for something costs 1€ of every 0,50€ now.
Remember_the_tooth@lemmy.world 4 days ago
I didn’t understand this. Could I have an example?
BarHocker@discuss.tchncs.de 3 days 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€.
daggermoon@lemmy.world 4 days ago
2 bedroom apartment
YexingTudou@lemmy.ml 4 days ago
Unfortunately a three bedroom still costs $2000, I don’t understand it either
fuckgod@feddit.online 3 days ago
Man, that jump to a 3rd is STEEP
Object@sh.itjust.works 4 days ago
To whom does the money go?
RmDebArc_5@piefed.zip 4 days ago
To me of course
spankmonkey@lemmy.world 4 days ago
Free Parking so that the game can drag out indefinitely.
rumba@lemmy.zip 2 days 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.
AceFuzzLord@lemmy.zip 3 days 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 $5.99 stuffed animal. But I don’t like kids, so they were an afterthought!
DeathByBigSad@sh.itjust.works 3 days ago
buttnugget@lemmy.world 2 days ago
That’s not a good or service. Fucking low bar for humor, holy shit.
Birch@sh.itjust.works 3 days ago
Currently it costs direct air capture startup “Climeworks” about 1200 usd to remove one metric ton of CO2 from the atmosphere, the average human directly emits about 0.8 kg of CO2 a day (just through breathing).
Thus, breathing costs 1 USD a day to offset using “Direct Air Capture”.
x0x7@lemmy.world 3 days ago
It said price, not cost. Now no one will solve climate change because the price is beneath cost.
RizzRustbolt@lemmy.world 2 days ago
1$ footlongs.
Nangijala@feddit.dk 3 days ago
My rent
DragonTypeWyvern@midwest.social 3 days ago
Bro you could have said mortgage
Nangijala@feddit.dk 3 days 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 days ago
I would have just gone with housing.
lime@feddit.nu 4 days ago
the economy
untorquer@lemmy.world 3 days ago
Was about to say some index fund or smth.
Gradually_Adjusting@lemmy.world 4 days ago
Henceforth, $1 shall cost $1. Inflation solved.
Remember_the_tooth@lemmy.world 4 days 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 4 days 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 4 days 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 4 days 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 4 days 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 4 days 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 4 days ago
🥶
Eq0@literature.cafe 4 days ago
Judgemental stare
explodicle@sh.itjust.works 3 days 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 days ago
The genie just made 1 US Dollar equal to 1 Australian dollar. One problem solved, another created.
MacNCheezus@lemmy.today 3 days ago
A dollar always costs one dollar. What changes is the price of goods.
Gradually_Adjusting@lemmy.world 3 days ago
Don’t make me tap the sign
icelimit@lemmy.ml 3 days ago
Shrinkflation