Prices
In which Cousin is baffled
Good time of the day, humans!
News from the fronts of the trade wars:
Umm…
Transcript:
Cousin: — Did you hear the news? They now say the prices on some things are too low.
Cousin: — Just yesterday, the problem was prices being too high. It’s all so confusing.
Rat: — If they’re determined to mess with something, even «stagnating prices» can become the issue.
Most likely, not much will come out of this, though. First, propping up the prices costs money (surprise!) — hence any «price floors» will probably affect niche things, not high volume materials; and then, China subsidizing the rest of the world is what enables most of the world to print money with impunity (because without China, inflation would likely be much higher) — and no one is giving up that.
High to low, not a thought for a little rat to be found.
I've been saying for a decade: we should put pharmacologists in charge of running the economy, economists in charge of psychotherapy, and psychotherapists in charge of pharmacology.
The three most malignant forces in society would cancel one another out, and from the ensuing chaos would emerge a power vacuum that would force people to be realistic about resources and expectations.
I'm always reading the news as if it was a comic book, 'cuz News is much healthier that way.