https://www.cnn.com/2023/06/09/economy/us-inflation-high-prices-consumer-demand/index.html

That means a business can essentially set prices as high as it wants, as long as they aren’t so high that they drive away the customer base. In other words, it’s Econ 101: Good, old-fashioned supply and demand.

:AmISoOutOfTouchmeme: Could it be greed? No, it's the customers fault.

  • Infamousblt [any]
    ·
    2 years ago

    If you would just stop buying basic necessities like food and shelter the prices wouldn't be so high! Silly consumers you just don't understand basic economics!

    • mkultrawide [any]
      ·
      2 years ago

      Maybe if you stopped breathing so much, the price of air would come down!

    • JuneFall [none/use name]
      ·
      edit-2
      2 years ago

      A radio caster did suggest in the radio that people ought to share rooms in a flat to save on rent (which is illegal here and they talked against a while back) and ease the burden on rent. When they grew up they shared a room with their sibling, too! And also orientalism: "In other countries six people are sleeping on one mattress"