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this post was submitted on 22 Dec 2025
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I'm turning into a crypto gold bug. Don't get me wrong, the gold standard is stupid as fuck but here they are arguing that everything is fine because food inflation is actually lower than wage inflation. Just don't look at housing prices or gold prices over the last few years. Inflation is clearly always higher than they claim.
So food should be getting cheaper then? Well, yes they argue that, in a sense, food is getting cheaper. Just not literally cheaper. No wonder nobody has any savings. No wonder everyone's in debt. I don't think capitalism could survive true price stability with the rate of profit of being as low as it is. Marx apparently never realized how fake the economy could get.
No, this is part of the irrationality of the system that Marx talks about. Unless we actually are able to organize, it will get to a point where there is an expectation to take on debt simply to be alive. Not even medical, just simply exist. We will bring back slavery.