Would you do your weekly grocery shopping at the local truck stop? I find that the prices are higher than my local supermarket. The general reason is that when you are traveling you don’t have the time to price shop. Of course some people never do.
Imagine what it would be like if you went through a time warp between the car and the hot dogs. Say you went back ten years in time. You might go outside and check the sign again because you might think you had walked into a discount store by mistake. The prices would not just be low, they would be shocking. I guess for that matter all you would need to do is go back one year.
We have gotten so used to inflation that we think it is a normal way to live. Not so. When money was based on gold and silver prices might fluctuate by supply and demand but the overall extremes would recede to the level you were used to. All you would have to do is go without for a short time and the excess product prices would come tumbling down. That doesn’t work any more. The government is printing so much money and passing it out with abandon that people just keep spending which makes the prices go even higher. There is no reason for delayed gratification which is the mechanism of supply and demand.
Some people think there is no way out of this spiral. I disagree. If we could just get the government to stop trying to buy off their constituents then things would start to normalize. A free economy would start the recovery but socialist believes that everyone else should pay for their style of living. As long as they are around things will get worse.
November is coming. Make sure you are paying attention.
homo unius libri
Friday, July 5, 2024
Opus 2024-172: Thrift Truck Stops
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Comments are welcome. Feel free to agree or disagree but keep it clean, courteous and short. I heard some shorthand on a podcast: TLDR, Too long, didn't read.