Like this is a genuine question for me. There seems to be some lack of awareness on the part of the people who make decisions that a consumers need to have money to consume with or the whole system siezes like an engine with no grease. The plebes need to be given back some share of profits so they can continue to purchase stuff and keep the whole system from breaking down.
I know a guy who works for McKinsey and he recently told me, very proudly, how "[they] basically just made all grocery stores in America 2% more expensive." He went on about how inflation is almost completely made up, and well yeah some inflation is natural cause of population growth and all that but most of it is people like him.
Is that guy Pete Buttigieg? Remember his bread price-fixing scandal?
This guy wishes he worked for the cia
Wtf who do you hang out with lol
He's a friend's best friend from high school. He seems nice but openly states that when it comes to money he has basically no moral qualms. Before price gouging grocery stores, he was working in Brazil to increase the sale of carcinogenic fertilizers in upper Amazon without considering how their runoff would flow downriver and polute local water sources.
He justifies all of this by saying that he deserves to make as much money as he can because he's comes from a poor immigrant family
Yeah, my dad and I were ad hoc going over the numbers and we're pretty sure like 75% of this series of inflation is just price gouging. Hard to tell without knowing the pricing contracts, but there is no way that steel and lumber aren't theoretically back to normal, but the pricing is still ridiculous.
Lumber at the box stores is back to "normal". If you are going to local lumber yard forget it. That guys probably bought at extremely high prices and will sit on that product and slowly sell it and than buy in bulk at what ever price is next.
Hd/ Lowes is 4.50 untreated 2x4. My "local" yard was 10 dollars still and at one point ,15 dollars
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