pricing fall is great for society. It mean the poor now have higher standard of living. We can now buy and enjoy luxuries that used to belong only to the rich
True, but after a point it may not be worthwhile to manufacture any more if the prices are so razor thin. Then companies exit, a monopoly is created and prices rise again. Or everyone goes out of business. Note — I’m not an economist, but it seems that way to me. What do you think?
Ironic, the very common situation being on food stamps and having a huge hulking home theater TV in the living room. Whatever might be wrong with America, I don’t think OWS has a clue.