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Austin Kole Carlisle
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Comments by "Austin Kole Carlisle" (@AustinKoleCarlisle) on "This is why we can't have nice things" video.
This was due to the misallocation of resources from the Federal Reserve's inflationary monetary policy and artificially low interest rates. Prices natural decrease over time in a free market, but if the central bank is artificially inflating the cost of living, businesses unnaturally will create products that are designed to be bought multiple times as a way to pass on the increased costs to the consumer. This isn't the failure of capitalism, this is the failure of central bank policy.
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