I’ve been using an 8 GB MP3 player I got 6 years ago for 30 bucks and a full charge still lasts for hours and hours.
Retired IT guy, all-around nuisance
I’ve been using an 8 GB MP3 player I got 6 years ago for 30 bucks and a full charge still lasts for hours and hours.
None of the stores where I live now do that. If the produce has a numbered sku sticker on it, you could just punch in the 4 numbers but if there’s no sticker anywhere on your apples or something, you have to look them up and make sure you hit the right one because there are a lot of different types of apples and pears and whatnot. A cashier generally knows the product number by memory or can find it superfast.
I do not like them at all, especially when I have a lot of produce to weigh.
Understood. Whether or not we are replicating economic conditions from 1929 is another story entirely. Other than AI, there really isn’t too much of a stock market bubble. The S&P 500 P/E ratio is lower than pre-pandemic and the Buffett indicator(US stock market value divided by GDP) is still well within a safe range. 1929 was pre-globalization, pre-SEC and there were next to no banking regulations at the time. The Internet bubble of 2000 with its insane speculation more closely resembled the crash of 29 than does the current market conditions. The 2008 housing debacle was primarily too much leveraged mortgage debt.
I’m not a student of economics and haven’t studied much of it but I have owned stocks for quite a few years and have a basic understanding of how money works.
I’m not an economist but anecdotal evidence that I’ve picked up from a number of different sources in the last couple of years lends me to believe that consumer debt is pretty darn high. This is from the Federal Reserve and what else is an average schmuck supposed to look at?
You can look up delayed gratification all you want but the majority of American consumers will never actually understand it.
No need for ad hominem attacks. Profiteering has always been a part of inflation but it’s never the cause or the underlying reason that inflation occurs. There are a host of things that go into what drives inflation but during Covid it was the Fed dumping tons of money into the system and post Covid it was wage inflation and low unemployment. Do corporations still use predatory pricing? You bet. The only thing that will really work now is either very deep recession or a depression.