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TechnicalVault | 1 year ago

People confuse a economic recession with what is happening because of how words sometimes change their meaning away from their technical to a more colloquial interpretation. The economy as a whole is doing well, but people aren't because of inflation. Recession is just the word they've learnt to interpret as "I'm feeling poorer".

And the stripper index is down because their market is oversaturated aka "onlyfans overload".

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ethbr1|1 year ago

Imho, inflation has a lot less to do with the perception than bimodal income separation.

Either you're "fine" or you're very much not fine.

Which is why you get people talking past each other.

blululu|1 year ago

Nah, inflation sucks across the board. The human mind and human society don’t really react well to things changing so fast. And since losses weigh higher than gains, and everything needs to be renegotiated, nobody feels good about the outcome even if they come up even. This holds for people at the top and people at the bottom.

ziddoap|1 year ago

>And the stripper index is down because their market is oversaturated aka "onlyfans overload".

The article talks about a steep decline in the past ~year / post-covid. OnlyFans has been around since 2016. They are also fairly distinct. Not sure you can pin it all on OF.

tombert|1 year ago

Just because OnlyFans has been around for eight years doesn’t imply that it’s been popular for that long.

Sample size of one, but I personally had not heard of it until 2020, after some YouTuber drama, and I am a somewhat terminally online human. I suspect it didn’t reach broad cultural awareness for a fair bit longer than that; I don’t remember any people IRL talking about it until OF talked about not allowing adult content like a year later.

marcosdumay|1 year ago

> The economy as a whole is doing well, but people aren't

Yeah, that means your measurement of "the economy" is lying. And that you are in a recession.

There's no mixing of technical and colloquial terms here. All that is there is a lying indicator. And if people insist that incorrect number is real, those people are lying too.

Xymist|1 year ago

Where's the lie? The economy, the system, is a machine. The humans that happen to compose it are by and large either raw materials or wear parts, not output. People can be having an _awful_ time while the system functions beautifully. It's not for them, they're for it.