Just look at the chart on page 20 of this Fed paper (the Fed was created on 1913, the fiat dollar became the global reserve currency in the 70s after years of debasement to pay for the cold war, vietnam, etc.)
OR...you could let nature run its curse and have those debts refinanced at real interest rates that reflected the actual production in the economy, or defaulted and have those assets and resources liberated, thus correcting the distortions which were product of the FED and the government in the first place.
Because the US is the biggest debtor in the history of humanity and is supporting (in a symbiotic relationship) all those countries you listed who are also at risk of collapsing.
Nintendo does it, or at least tries to. The switch is their play at the mobile market. You are not entitled to reach on any other market. It is completely unfair for epic to demand what Hershey had to build on their own, or Tesla, or H&M, or yes even Apple.
They can compete if they think they are so worthy of existing, and I think if they do we will all better as consumers.
Of course! You can choose to charge anything you want, not only for your product but for your salary too! There is no law, man-made or otherwise preventing you to do so. Actually there is a law preventing you to charge too little for your own work but it is what it is.
> there is hunger in the world, but not because of shortage but for multiple other reasons.
That there's always been hunger in the world, even when we didn't produce more food than needed tells you production of food is not the resource limiting the distribution of food, other resources are. Even with all the imagination and collaboration of every communal government in the world to a scale never seen before in history, hunger is still a huge problem, because food is not the only resource, everything is a resource: time, interest, emotions, infrastructure, goods, distribution, people, communities, everything, and they compete with one another for our time and attention.
Everything is in competition, even your ideas and mine right now, and that's a good thing, but the first step to try and better our situation is to accept the reality of the natural world and not fight against it.
All situations should be evaluated and re-evaluated at every instance, at every moment in time to account for new information and not only once at the beginning thinking it'll be the same forever.
Fishing as an individual its fine until too many people start doing it, then it becomes even bad for the individual. It becomes harder to fish, the fish get smaller, the prices drop, etc. Some of those things might be even good for society but not for the individual. At that point you've got to re evaluate your position, and even change your occupation. This is what happens all the time. Individual choices lead the way, society only acts after enough individuals have been affected, not before.
We are not arguing about the cost of education because students can't pay the tuition; they pay the tuition every year with no problem even though it keeps rising. The argument is because after they graduate they have a mountain of student debt. Students have a debt problem not a tuition problem. Colleges will keep raising prices as long as the students keep paying them because that is how markets work.
Loans have enabled all those "changes in education finance", all of them. You don't need to have 100% reach to influence a market, you don't even need to be technically in the same market to influence another one (see smartphones and taxis).
> What also works against the idea of subsidies being the culprit is that it's not just universities that have seen this cost inflation.
The entire economy is subsidize. We have a credit-based system, hence universal access to cheap credit is the end-game, that is why car loans are starting to creep into the 10-year territory with 0 down and no credit score.