“Product hoarding” conflicts with wealth hoarding. The only logical solution is to make less durable products that quickly wear out with frequent use.
That way consumers are forced to spend more and contribute more to the hoarded wealth of individuals who know very well they won’t be able to spend their fortunes before they die. However their desire for more and more wealth to hoard is limitless because it acts as a useless status symbol amongst other wealth hoarders.
When consumers become concerned about skyrocketing cost of living and wealth inequality, the wealth hoarders will remind them they’re lazy and greedy. If they didn’t want to be poor they should have worked harder (like them) or been more careful not to spend all their money on “frivolous purchases.”
However if consumers don’t spend enough money on frivolous purchases, they’re not being smart, they’re “product hoarding.” When consumers don’t have money to spend, but the wealth hoarders continue to churn out shitty products that they know nobody will buy, the economy will collapse.
The wealth hoarders could afford to take the hit. It might even help them understand cause and effect, so they don’t just keep making the same mistakes in the future. They could even use some of their hoarded wealth to get themselves out of the hole they dug by just giving it to the consumers to spend on their own products. But instead, they’re usually just given a bailout because they’re too big to fail.
After all, the economy would collapse without them…
“Product hoarding” conflicts with wealth hoarding. The only logical solution is to make less durable products that quickly wear out with frequent use.
That way consumers are forced to spend more and contribute more to the hoarded wealth of individuals who know very well they won’t be able to spend their fortunes before they die. However their desire for more and more wealth to hoard is limitless because it acts as a useless status symbol amongst other wealth hoarders.
When consumers become concerned about skyrocketing cost of living and wealth inequality, the wealth hoarders will remind them they’re lazy and greedy. If they didn’t want to be poor they should have worked harder (like them) or been more careful not to spend all their money on “frivolous purchases.”
However if consumers don’t spend enough money on frivolous purchases, they’re not being smart, they’re “product hoarding.” When consumers don’t have money to spend, but the wealth hoarders continue to churn out shitty products that they know nobody will buy, the economy will collapse.
The wealth hoarders could afford to take the hit. It might even help them understand cause and effect, so they don’t just keep making the same mistakes in the future. They could even use some of their hoarded wealth to get themselves out of the hole they dug by just giving it to the consumers to spend on their own products. But instead, they’re usually just given a bailout because they’re too big to fail.
After all, the economy would collapse without them…