Comment on Companies Are Serving Notice: We’re Raising Prices Because of Tariffs

• superniceperson@sh.itjust.works ⁨4⁩ ⁨weeks⁩ ago

  Companies reached peak profits during the height of COVID, proving that the price increases were not primarily caused by supply issues.

  We’ve seen it more recently with egg prices greatly outpacing actual supply shortages.

  ‘supply and demand’ isn’t what sets a price, and hasn’t been for more than a century. Prices are simply set as high as the market can bear.

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• flandish@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  i believed they’d hike for profit and pretend it was because of covid… yes.

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• Ledericas@lemm.ee ⁨4⁩ ⁨weeks⁩ ago

  some of the covid prices are sitll on amazon.

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