I’m convinced the extreme inflation post-COVID was caused by greedy companies realizing that many working-class families had managed to save and build a nest-egg during quarantine, and that they could jack up prices on necessities to bleed them all dry.

If inflation had been the result of wage growth increasing the price of labor, profit margins wouldn’t have soared they way they did.

Digg -> Reddit -> Lemmy

After experiencing the death of two “power to the people” platforms due to profit-driven VC-backed corporate meddling, here’s hoping the third platform is the charm Lemmy & the fediverse.

That’s certainly what it’s feeling like to me.

I remember when I was a kid and the Web 1.0 stuff was popular, things like IRC chat and forums were too intimidating/confusing for me to get into. My introduction to being an internet “citizen” was Web 2.0 and the MySpaces/Facebooks/Reddits of the world, where I had a UX approachable enough not to intimidate my teenage self.

The shift towards the Fediverse feels like a blend of many of the best aspects of Webs 1.0 and 2.0 – I have a UX that feels familiar, but one that comes with a bottom-up, decentralized grassroots feel that is reminiscent of the early internet.

I’m bullish for sure.