/biz/ - Business & Finance

>>20802025
The cost of human labor might come down in PM terms, due to desperation. So while the silver price of the ingredients of that McDouble would likely not change much (although possibly farm wages would decline somewhat), the wages earned by the workers at the McDonalds would likely fall during a currency reset, and there’s even a possibility of these savings being passed onto the consumer, if McDonald’s were forced to work hard to keep prices low since everyone will be practicing economy.

In a why this is the rather dark subtext behind this thread’s representative meme about *formerly* well-to-do housewives and their young daughters.

The prices of raw commodities and assets like like iron, lumber, land, and so on are unlikely to change much. These are objectively as valuable before as after a crisis. Human beings are on the other hand unfortunately not of the same value. Because of spreading desperation, their ability to negotiate on the market collapses.