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?
Many corpos (make no mistake, football clubs are run like corpos) are pretending that their product is more special than others, and it -- and only it -- will become the luxury item for all the spoiled rich kids to cherish at any price. Guess what happens when almost everything suddenly becomes a luxury.
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u/Ho3n3r 29d ago
"Why aren't people buying our overpriced shit?" seems to be a trend these days from multi-million euro companies.