Come now, people also used to die from toothaches, and during those hundreds of thousands of years infant and child mortality was incredibly high, and education practically nonexistent.
These “we have done this since the beginning of time” arguments always make me chuckle, they are so incredibly simplistic.
Last time I was in America (about 20 years ago) there was an item on the news about a child that had died because of an untreated dental problem.
https://www.theguardian.com/us-news/2020/jan/07/americans-he...
Yes, life used to be more difficult. No, that doesn’t mean such a life was without meaning.
I have zero unhappiness about the way I live, my problem is other people make it hard for me to live this simplistic life.
I just read that some sociopath is trying to make it illegal for people to live intense in the UK. That’s what I’m talking about.
As recently as in the early 20th century the fertility rate required to sustain population numbers in Germany was over 2.5 - and that was well into the industrial era.
Before such obvious to us things like antibiotics or doctors washing hands it was likely much higher.
Come on now, people have done it for hundreds of thousands of years. Just because it’s different from what you used to doesn’t mean it can’t be done. And it doesn’t mean the children will come out harmed in anyway.
> In the USA we have a problem with cost of living, but at the end of the day the reason for this is almost always misguided government intervention.
If there is no government intervention after the 2008 recession (QE, 0% rates) then many more people would be living like I am living. That’s how much people don’t want to reduce their lifestyle, they push it out as far into the future as they can. No matter what the cost of that is later on.
But you seem to think that the government and the corporate state or two different things when they’re one and the same. All these measures were to save stock, prices, assets, etc..But you seem to think that the government and the corporate state or two different things when they’re one in the same. All these measures were to save stock prices, assets, etc.
I’m not a young person, but I can understand what young people think when they see the boomers, who are doing all the consuming, spending all their money which they got from the government interest rates. It’s both not consumers and it is, because the government instituting 0% rates just turned every asset market into a bubble. And this gave everyone with the assets the ability to consume. But you know the government needs people to consume because that’s what creates GDP right?
So all the boomers with the larger amount amount of increase in asset prices, they didn’t have to sell their prices for more money, they don’t have to go on vacation and buy more things, they could’ve live more simply, and there would’ve been no inflation. But it’s the consumption from the people with the assets that to inflation. It’s not 0% interest rates alone that Cause inflation.