This is the 'worst possible outcome for the Fed', experts warn - The Fed is caught between a rock and a hard place - eviltoast
    • dislocate_expansion@reddthat.comB
      link
      fedilink
      arrow-up
      1
      ·
      7 months ago

      Local money tends to stay local, but yeah eventually the local farmer might need to buy some specialized tool that only some big corporation manufactures. But we got ourselves in this mess from supporting these massive greedy corporations, so as the average person is more educated than 50 years ago we might be able to get ourselves out

      https://sustainableconnections.org/why-buy-local/

      • Nollij@sopuli.xyz
        link
        fedilink
        English
        arrow-up
        2
        ·
        6 months ago

        Does it actually stay local? Pretty sure the local farmers are buying standard issue tractors and equipment from the likes of John Deere.

        Granted, the money has a few stops before making its way into the hands of those mega corps, but it definitely doesn’t stay with small businesses.

        • dislocate_expansion@reddthat.comB
          link
          fedilink
          arrow-up
          1
          ·
          6 months ago

          Yeah, that’s why I’m thinking more people who have the education on how to build these things could help in the construction. We wouldn’t have the direct raw materials, but could be done in steps. Just keeping any amount of wealth in the local area is important IMO since otherwise the citied turn into corporate hell with no interest in the actual people living there