Car Price as a Function of Average Wage

 

The new and used car market seems to epitomize problems with "the system" right now. Cars are too expensive, unreliable, shaped by pointless government mandates, and are filled with all kinds of electronic doodads that only some people want. In the years since COVID, the car market was drastically distorted by a few different things: trillions of dollars of funny money (aka dollar devaluation) under Trump and Biden's administration, corporate used car lots, extremely foolish consumers willing to have a $1000/month car payment for a mediocre car.

Anyway, it's just another example of the neoliberal system falling apart. It doesn't work for the average person anymore, and it really never did and was destined to reach this scenario. The system, especially the fiat currency aspect of it is akin to a ponzi scheme... more debt is required to fuel the prior debts. More plans and schemes are always needed to absorb the new money. Most of the plans and schemes are doomed to fail. Eventually the creation of new plans and new money surpasses the ability of the people in the system to carry them out either from physical limitations, or because people are just sick of the whole thing and its half-assed nature.

If you pay off all your debts, you are largely outside the neoliberal system. It's still attached by property taxes, but you don't necessarily need an "income" when you have no debts, especially if you can do everything yourself. Well, at least you can minimize your need for income with no debts. The need to transact with all the other people trapped inside the matrix means you might need funny money and that's just all attached to all the other debts and plans.