Comment on What is an average person living in the US supposed to do about corporations raising prices?
sj_zero@lotide.fbxl.net 10 months ago
If companies were just greedy they could have raised prices at any time before. They didn't because they're trying to find the optimal point between supply and demand to make the most profit (as we all do -- are you willing to take a pay cut or eschew a raise you can probably get?)
All the money pumped into the economy is why they could raise prices -- not just in 2020, but pretty consistently for the past 20 years. Lots of normal people are getting screwed but it's fine for these companies because guess who gets much of the money being printed? Hint: donors.
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