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7/2/2025, 6:49:49 PM
>>509317240
The problem is that productivity isn't tracking with hourly pay so we end up with more goods but not as big of a market for said goods. This Should cause the price of goods to drop but CEOs are more worried about Stock Price rather than Sales Numbers and refuse to take ANY hit to net profit (See Boeing's 737 MAX disaster and the McDonald's price increase).
The end result is rampant inflation and a steadily shrinking consumer base as the economy slowly stalls from lack of sales.
The problem is that productivity isn't tracking with hourly pay so we end up with more goods but not as big of a market for said goods. This Should cause the price of goods to drop but CEOs are more worried about Stock Price rather than Sales Numbers and refuse to take ANY hit to net profit (See Boeing's 737 MAX disaster and the McDonald's price increase).
The end result is rampant inflation and a steadily shrinking consumer base as the economy slowly stalls from lack of sales.
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