180
Which prediction was supposed to happen already?
(sopuli.xyz)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Oct 2023
180 points (94.1% liked)
Ask Lemmy
27036 readers
732 users here now
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics. If you need to do this, try !politicaldiscussion@lemmy.world
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
founded 1 year ago
MODERATORS
I didn't realize we were only discussing the batshit crazy theories. Plenty of people had some ideas that were laughed at as conspiracy during COVID times but look pretty reasonable in hindsight. That's all I'm driving at.
Ok, so you were talking about inflation between 2% and whatever the limit of hyperinflation is. I guess you could call it “high inflation” then.
Correct. It does seem that many of the COVID measures did come at the expense of the quality of life for citizens. Upward mobility feels like a pipe dream now. I'm glad I didn't have to make the decisions about lockdowns and spending because that's not an easy choice.
I just think those in opposition may have had some valid points that were dismissed as insensitive or heartless by those who will, now, never be able to afford a house. That sort of stuff. It's a shame we can't talk without devolving into "your team is evil" rhetoric any longer.
What’s the suggested connection between lockdowns and soaring housing costs?
At least in Germany raising housing costs have been on steroids since at least 2015 or so. It’s insane now, but I can see quite different reasons for that than those lockdowns or excessive mask purchases.
The argument I have heard being lockdowns (moreso the duration of them) put extensive pressure on small business to shut down but allowed the large corporations to remain open, creating an effective monopoly. This created a situation where governments had also had to assist with those shortfalls so folks can survive. To do that, they increased the monetary supply which in turn devalues the currency. This causes the inflation which makes things more expensive. The government then gives out more money...and the cycle repeats.
Now, I'm not an economist but it sounds pretty logical to me. I know it came down to saving lives and I'm in support of doing that. But could we have done things in a way that didn't put an entire generation 10 years behind? That's a conversation worth having if you ask me.