/biz/ - Business & Finance

[Anonymous No.57498933]

Maybe its because inflation was never the true cause for greedy price gouging.

[Anonymous No.57498949]

>>57498933
You realize inflation is the rate of price increases right? If inflation were zero today, that would mean prices would just freeze at their current levels.
>captcha
>GAYT0H

[Anonymous No.57498977]

>>57498949
>Not realizing artificial inflation is a thing

[Anonymous No.57498994]

>>57498933
Trump turned on the money printer

[Anonymous No.57499000]

>>57498949
semantics
op obviously meant supply side constraints on the global economy raised prices which lead to "inflation" and now that supply has stabilized and the consumer demand was still high, wages increased and we didn't have a loss of jobs due to interest rate hikes, the likely cause of the inflation was and is greed.

[Anonymous No.57499006]

>>57498933
I blame the jews

[Anonymous No.57499144]

>>57499000
That or the expectation of inflation, which also causes inflation. Raise prices because you anticipate your supply chain getting fucked and you'll have to pay more to put your product out in the future, so you raise your prices now to try and mitigate the pain. Most of economics is just psychology

[Anonymous No.57499159]

>>57499144
>competitor doesn't raise prices and takes half your market share

[Anonymous No.57499198]

>>57498933
The rate of inflation has fallen not inflation itself, prices are still increasing by 2% (inflation rate), learn how to read an article you fucking dolt

[Anonymous No.57499240]

>>57499000
Calling it greed is ridiculous. They always say it is 1/3 government and 2/3 consumer spending that makes the economy. That isn't true. How did consumers afford the housing prices? Two reasons: stock market gains and government checks. The company I worked for in Pennsylvania got millions in government grants that were forgiven The one boss retired and bought a really nice house in Florida. That right there is inflation. Greed? No people always buy houses and cars.

[Anonymous No.57499250]

>>57498933
My XFUN parlays pay for it all so why should I give a fuck

[Anonymous No.57499257]

>>57499198
>prices are still increasing by 2% (inflation rate)
go to the market and buy some groceries you retarded faggot.
the world proves you wrong

[Anonymous No.57499317]

>>57498933
Biden can't allow the greedy price-gouging corporations to keep blaming him for their high prices and low wages. They're going to cost him the election.

[Anonymous No.57499351]

>>57499000
>supply side constraints on the global economy raised prices
The money supply is vastly increased from pre-COVID so prices are going to be higher even after supply chains normalize.

[Anonymous No.57499441]

It's obvious price gouging so I just steal 10-20% of my bill through the self checkout now.

In before people start calling me a nigger I don't care. Corporations have been waging war on citizens for decades now this is just an easy harmless way of fighting back.

[Anonymous No.57499449]

>>57499257
Everything cost more not just groceries you midwit, thats what inflation is. Just because inflation rate decreases doesn't mean prices will go down, deflation needs to happen for prices to fall. Actually understand the things you are discussing instead of shitting on your keyboard.

[Anonymous No.57499473]

>>57498933
yes greedy niggers need to make 100x on every sale.

[Anonymous No.57499498]

>>57498933
The fed increases inflation every year intentionally, a) so your boss doesn't have to pay you more more in real terms and your pay rise of 1/2 the rate of inflation is actually a pay cut and b) to stop people putting money in the bank, and instead invest in shitty companies to prop up the stock market.

[Anonymous No.57499514]

>>57499159
>implying the competitor isn't owned by the same parent corp

[Anonymous No.57499662]

>>57499449
>>57499198
nigger midwit retard you fell for obvious newfag bait lmao just stop posting

[Anonymous No.57500000]

>We are jacking up prices
How evil, why are you so greedy

>We are jacking up prices because of inflation
Oh, thats ok, completely understandable. Why yes I will be happy to pay your new exorbitant prices.

[Anonymous No.57500010]

>>57500000
Digits of dumbassery
This board has fallen

[Anonymous No.57500179]

>>57499441
I really hate to agree with this. But corporations have ruined most local markets. I remember when my small town had streets lined with small businesses. You’d go to school with the kid whose dad owned a frame market, or a greasy spoon, something. Then Kmart and Walmart both came crashing in, and chain restaurants and other big box followed. Everybody was dazzled by all of the big open spaces, bright lights, and cheap prices. Walmart was offering VERY decent wages. Secretaries and even school teachers quitting their jobs to put on a blue vest for their 30hr week full-time status, with generous overtime and stock options. Local businesses began disappearing like little lights going off, because they could not match the predatory prices or wages. Fast forward to today with a federal minimum wage of $7.25 that has not been raised since 2009. The streets are lined with corporate chains and check cashing shops. Dollar stores everywhere. You want a job in this town one of the best is Walmart, which starts at a little over minimum wage and is loathe to hire full time.

So, yeah. Go for it. Rip off the self checkouts.

[Anonymous No.57500190]

>>57498933
retarded article
>>57500000
retarded post & get, I refuse to check em

[Anonymous No.57500215]

>>57500000
checked
retards are SEETHING

[Anonymous No.57500226]

>>57498933
>Prices are only increasing 3% from the prior year instead of of 8%
OP is a retard

[Anonymous No.57500241]

>>57499000
>supply side constraints on the global economy raised prices
I can't believe there are so many retarded Kool aid drinking r*dditors on this fucking board

[Anonymous No.57500245]

>>57500000
checked - magnificient post

[Anonymous No.57500247]

>>57498933
we expanded the money supply by about a third. consumer prices increased by roughly that much in aggregate.
the person raising his prices is also a victim of inflation himself, as his costs went up, his employees want more pay, and so forth.
why the hell would you blame the people scrambling around to pick up all the money that was suddenly flooded into the economy? if you want to blame anyone, first blame the people that committed a terrorist attack on our money supply

[Anonymous No.57500251]

>>57498949
This guy gets it. OP is a literal retard.

[Anonymous No.57500252]

>>57499000
> greed
To5ally bro, i miss the days where capitalist werent greedy. You know what I'm talking about? They only started being greedy after covid. We were in a 10 year low greed cycle

[Anonymous No.57500265]

>retards in charge of understanding a derivative
Inflation is the rate of change, not the value itself. 0% inflation still means high prices. And they'll never aim for deflation because that means you get a pay cut. Read a book.

[Anonymous No.57500386]

>>57500247
This. Everything other reason is retarded cat shit.

[Anonymous No.57500423]

>>57500000
Checked


>>57500010
>>57500190
>>57500215
Bootlickers BTFO

[Anonymous No.57500465]

>>57498994
and Biden kept it on. You think either Alzheimer patient is gonna save you?

[Anonymous No.57500561]

>>57499000

[Anonymous No.57500590]

>>57498933
>If you stick a knife in my back nine inches and pull it out six inches, there's no progress. If you pull it all the way out that's not progress. Progress is healing the wound that the blow made. And they haven't even pulled the knife out much less heal the wound. They won't even admit the knife is there.

- Malcolm X

[Anonymous No.57501032]

>>57498933
£1.35 FOR A BAG OF CADBURY'S BUTTONS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.57501615]

>>57498949
>>57498933
>If inflation were zero today, that would mean prices would just froze at their current levels.
ftfy

Also, prices can decrease to. Imagine if gains in efficiency, production capacity, autmation and such led to decreased prices. That would be insane, just imagine 1c burgers, $1 TVs. Surely, that is impossible though.

[Anonymous No.57502146]

>>57499441
based self checkouter I do the same + steal off employee discounts with my phone camera

[Anonymous No.57502174]

>>57498933
Because you need deflation. Also it's not just groceries that are expensive. The price of literally any fucking thing is 2x of what it was in 2019 and wages went up 10% if you were lucky.

[Anonymous No.57502184]

>>57501615
>That would be insane, just imagine 1c burgers, $1 TVs. Surely, that is impossible though.
If you think prices are exclusively related to production cost then you might be disabled. There's a value they don't go below regardless of how much it costs to produce.

[Anonymous No.57502244]

>2pbtid
Paid content

[Anonymous No.57502593]

>>57498933
Cringe and retard pilled.

[Anonymous No.57502663]

>>57498933
Inflation is a measure of prices rising. Falling inflation just means they are rising slower. You need deflation (negative inflation) for prices to go down.
/thread
Didn't read any posts from any of the other faggots because I don't read troon posts.
All posts past this one is troon posting.
YWNBAW

[Anonymous No.57502750]

shareblue thread

[Anonymous No.57502919]

>>57498949
This. Anyone disagreeing is American.

[Anonymous No.57502956]

>>57502663
>Inflation is a measure of prices rising. Falling inflation just means they are rising slower. You need deflation (negative inflation) for prices to go down.
forget about it dude, people are too fucking stupid, rich people laugh all the way to the bank at all these dumb mother fuckers, what kind of journalist even writes this shit up, it means the low iq epidemic is more widespread than previously thought, America really is in decline if a fucking journalist doesn't know the meaning of monetary inflation

[Anonymous No.57502977]

>>57499159
>grocery stores
>competition

[Anonymous No.57503000]

>>57502663
> Falling inflation just means they are rising slower.
all discourse about inflation depends on people not understanding this. Most news is about lying by ommission and tricking the brain into thinking something else.

[Anonymous No.57503060]

>>57499441
Nigger

[Anonymous No.57503066]

>population literally too retarded to understand what inflation is
Lmao

[Anonymous No.57503075]

>>57502956
>>57503066

[Anonymous No.57503644]

>>57498949
Inflation is the increase of money supply rising prices is the result of inflation

[Anonymous No.57503727]

>>57500000
checked now head back to r/antiwork with the other autistic unskilled wagies

[Anonymous No.57503734]

>>57501615
If they didn't inflate all of those gains away then the wagies would work less hard and might have time to reflect on the state of their lives and then become a nuisance to the elite.

[Anonymous No.57503853]

>>57499441
How do you do this without setting off the alarms when you leave?

[Anonymous No.57504365]

>>57501032
It's $4 for two recess cups now.

[Anonymous No.57504392]

>>57503644
It's actually public sentiment. A bank run will do it.

[Anonymous No.57504415]

>>57499441
I used to, but if you're in a nonwhite area they're already long gone. Still grocery stores make 1-2% profit or something so out of respect I don't. The reason it's expensive is because Monsanto supplies all the seeds. The big 3 control meat prices too.

[Anonymous No.57504480]

>>57498933
>>57498994


The money printer has been printing trillions every year since 2001.

Boomers are just upgrading their houses again, so in order to keep their income growing the markets have to inflate prices.

My mom bought 3 houses in the past 20 years, each one more expensive than the last.

>>57499240

It's a mix of greed and non-productiveness.

Go to any thrift store and notice what? It's full of women's clothing as a majority. Why? Because the trend of a woman's lifestyle is to buy clothes, wear them a few times, throw them out. buy more clothes. 2 week cycles.

Go around a city or suburban area and ask yourself... what do these people produce?

Almost nothing but feces down a toilet.

[Anonymous No.57505126]

>>57498933
maybe because inflation increases prices? why does this explaining any further?

[Anonymous No.57505280]

>>57503644
too based for this world
>>57504392
Falling faith in the currency and bank runs increase the currently circulating supply and currency velocity as people try to get their shit out and spend it ASAP. This is different from inflation because they're just moving what already exists, not increasing the actual overall supply of currency.

[Anonymous No.57505296]

>>57498933
>Inflation has fallen

[Anonymous No.57505515]

>>57498977
You mean when money printers are on full blast without anything tangible backing the money? Yes, all inflation is technically artificial. As long as there is an inflation rate, prices will rise. Inflation falling means lower rate of price raises.

[Anonymous No.57506378]

>>57498933
Supply, demand. Stop buying and price will come down.