Quote:
Originally Posted by Fuzz
I disagree with this. The prices are what they are becuase that's what most of them cost. We've been living for decades off of artificially cheap stuff, and now the rest of the world is competing, and maybe they want stuff too. Globally wages are rising, raw materials are harder to get, and an ever-increasing population is compounding every issue. These structural shortages of everything are only going to get worse, so we need to find away to live with less, not chase an unattainable false reality that we aren't gong to return to. We don't need to ask "why", it's all pretty straight forward. Too many heads in the sand to accept it, though.
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Raw price figures for either cost of living or wages aren't what matter, just the ratios of one to the other are important. Reducing costs, changing lifestyles to live with less, increasing wages etc. are all just ways of trying to deal with that ratio and how it's experienced by different groups. I interpret FlamesAddiction's point about systemic issues as more about finding a way to correct the ratio rather than to just change the figures on one end, because as long as the underlying systemic issues that result in the ratio are unchanged, changing the figures on one side will just result in changes to the figures on the other side while the ratio remains the same