2025-01-01 00:55
Everyone gets a raise to afford a decent standard of living overnight. Corporations raise prices to save profit margin. Cost of living shoots up. Bye bye to that decent standard of living. Rinse. Repeat.
Scenario 2: some corporations don’t raise prices. Their stock price takes a hit. Shareholders (you and me) not happy. CEO gets replaced. Raise price. Everything not affordable again.
Scenario 3: you wake up from a dream where everyone is happy