The road to self destruction
It must be the most efficient, effective and certain road to take to self destruction. The formula is simple, over pricing and over paying and let them run to their natural ends. Let the cost of living run free, be delirious with all the high property prices and cost of doing business. Let all prices go one way, up, to give the impression of quality and well being. And as all things get more costly, pay the employees more so that they can afford them, or if not, still appears to be catching up with the runaway prices. Feel good to pay $100k for a car when others only need to pay $20k. Feel good to pay $100 per visit to a doctor when people can pay $10. Feel good to pay $10,000 for a stay in the hospital when others pay $300. And there will be this illusion of richness. A million dollar used to be able to buy several landed bungalows. Now you will need several millions just to buy a sem D. The old property owners might owned several properties, but could only called themselves millionaires. Does not sound great when every private apartment owner could possibly be holding to a million dollar property. Now the rich will flash around with their self worth in the billions. One day when paper value disappears, owning 10 houses is still 10 houses. One apartment is still on apartment. A car is still a car, be it $100k or $20k. In the mean time, keep paying and keep chasing the runaway prices. See how many more years can this go on before it collapses under a moutain of banana notes. And people are encouraged to buy annuities that will pay $300 of banana notes in the future.