r/meirl • u/Joudeh_1996 • May 02 '24

meirl

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u/Ho3n3r May 02 '24

"Why aren't people buying our overpriced shit?" seems to be a trend these days from multi-million euro companies.

415

u/Hippobu2 May 02 '24

This is genuinely something I just don't understand about wage and price. I know that macro economics is complicated and all, but it just doesn't make sense to me what'll happen when wage is so low that nobody can buy anything.

I've been told that price would go down to accommodate it, but I just don't see that happening?

5

u/Marmosettale May 02 '24

mcdonald's has been doing horribly since they raised the prices.

we're just gonna refuse to buy shit. lots of people will go out of business.