ass [he/him,comrade/them] to finance • 3 years agoI live under a rock, anyone up to explain the inflation situation? What is actually happening, and why?message-squaremessage-square24 fedilinkarrow-up124file-text
arrow-up124message-squareI live under a rock, anyone up to explain the inflation situation? What is actually happening, and why?ass [he/him,comrade/them] to finance • 3 years agomessage-square24 Commentsfedilinkfile-text
minus-squareTheModerateTankie [any]hexbear4·3 years agoIn times like these you can raise prices and still undercut your competitors. Or if you have a limit on what you can supply, not raising prices when everyone else is, is basically leaving money on the table. Free market efficiency at work. link
minus-squareDes [she/her, they/them]hexbear5·3 years agoand with the speed information travels now it's so much easier to coordinate with everyone else. link
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In times like these you can raise prices and still undercut your competitors. Or if you have a limit on what you can supply, not raising prices when everyone else is, is basically leaving money on the table. Free market efficiency at work.
and with the speed information travels now it's so much easier to coordinate with everyone else.