@monteluna
"Our factory is mass produce!"
A comical tragedy that is playing out, is the tension between cost of living of citizens, and the FED. During the Obama administration, Yellen and other central bankers were pushing for some way to drive costs up. Their goal is to maintain stable prices with *slight* inflation to make sure people actively put dollars to work. Much of the communications around the 2018-2019 time was the central bankers trying to debate if having negative interest rates would be legal or even feasible to force more spending.
The bankers were looking at the market and the rapid rise of technology and global supply chains, and seeing costs were dropping across the board. Interest rates were zero, they couldn't get any lower.
Today? Not so much. We have factories that can mass produce, but with energy supply chains disrupted, not so great US-China relations, and high interest rates they can mass produce.
Just no one can afford it.
https://youtube.com/shorts/m9nKjpUZddY?si=m414dhR334-V6Z11