Re:Top US corporations raising prices on Americans even as p...
by travisathougies on Wednesday April 27, 2022 @12:34PM
(#31182213)
This is the problem with inflation. As high inflation numbers get broadcast to the people, people become more willing to spend money now on commodities that may not be available / affordable in the future. That causes profit margins to increase as people take into account future inflation, and thus eventually cause a self-fulfilling prophecy.
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