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.

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

    Some suggest it's greed flation

    Now read the rest of my article where i argue that it's somethimg completely different than that but it's essentially the same thing