Normies think it’s sour grapes to be happy that salaries are going down/ppl getting laid off, but it’s perfectly sensical to cheer this on. It’s deflationary. It was getting out of control and markets were totally out of control. Take the emotions out of it, there is no reason why some idiot should be making $250k to barely work and brag about it on tiktok. That inflates prices since ppl can charge them. The economy is getting back to reality after the zirp era.