Comment on What is an average person living in the US supposed to do about corporations raising prices?

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chicken@lemmy.dbzer0.com ⁨11⁩ ⁨months⁩ ago

If everyone has more money that means so do the other people bidding against you

This would make sense if what was being proposed was increasing everyone’s wealth proportionally to how much wealth they already have, but I don’t think anyone is really suggesting that. Think about it this way; say you have 300k and are bidding on a house against someone who has 50 million dollars. They have a strong advantage. Now say you both were gifted 10 million dollars before bidding on the house. Your adversary still has the advantage, but much less of one.

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