[jhrmnn]

I’m guessing what was meant is that the price of things that are to be invested in is growing wrt the price of things that are to be consumed. Which naively makes sense to me in an economy based on growth where the total consumption starts to stagnate—the surplus still has to go somewhere. Is it so or is reality more complicated than that?

[tossandthrow]

I think this is a key observation.

Apparently consumables have become incredibly cheap.

But then again, consumables will like start to rise in price now people need more money to buy a house, etc.

You could also say that real salaries have gone down a lot, which is probably also true.

These effects have to go through very complex value chains.