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this post was submitted on 27 Apr 2024
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“Why aren't the Fed's rate hikes working?”
Because of corporate greed.
You don't think adding X trillions of USD to the economy also affected inflation?
No, the profiteering is the problem.
So you've stopped supporting large corporations who are greedy and just started buying completely local then, yes?
What is there to buy that doesn't get handled by a big greedy monopolistic corp somewhere in the chain?
Local money tends to stay local, but yeah eventually the local farmer might need to buy some specialized tool that only some big corporation manufactures. But we got ourselves in this mess from supporting these massive greedy corporations, so as the average person is more educated than 50 years ago we might be able to get ourselves out
https://sustainableconnections.org/why-buy-local/
Does it actually stay local? Pretty sure the local farmers are buying standard issue tractors and equipment from the likes of John Deere.
Granted, the money has a few stops before making its way into the hands of those mega corps, but it definitely doesn't stay with small businesses.
Yeah, that's why I'm thinking more people who have the education on how to build these things could help in the construction. We wouldn't have the direct raw materials, but could be done in steps. Just keeping any amount of wealth in the local area is important IMO since otherwise the citied turn into corporate hell with no interest in the actual people living there