"Nothing can be done", says country that didn't do anything.

  • Lovely_sombrero [he/him]
    ·
    3 years ago

    I don't think that is why inflation happened. IMO most of inflation is just large corporations getting even larger during the pandemic and being able to raise prices. Most corporations have been reporting record profits, way above expectations.

    • anoncpc [comrade/them]
      ·
      edit-2
      3 years ago

      But there's also a worker shortage leading to cheap product not being deliver, China have been complaining about the US not able to export their product for them to buy to comply with the trade agreement since, you know, covid

    • Satanic_Mills [comrade/them]
      ·
      3 years ago

      https://twitter.com/as_a_worker/status/1448500582168338432

      Inflation is absolutely being driven by real cost increases in shipping, directly as a consequence of international firms stiffing their workers and cutting their service to the bone, removing any slack in the system.

      We are living through a heightening of the contradictions as the profit motive directly buts up against the physical capacity of the human body.