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Funny how businesses weren't greedy a few weeks ago, and just after inflation kicks in they all become greedy. It's all about greed and nothing to do with money
by savant_penguin 5y ago
Funny how businesses weren't greedy a few weeks ago, and just after inflation kicks in they all become greedy. It's all about greed and nothing to do with money printing
- jjoonathan 5y agoFunny how it's all about money printing and not about greed. Businesses? Greedy? No way! Couldn't be. Dude, this is capitalism. Everybody uses every excuse, from the most justified to the least justified. Assuming it's greed is dumb, but assuming it isn't greed is spectacularly dumb.
- Someone1234 5y agoIt is a percentage increase, not a fixed increase. And their normal fees are structured as percentages. Therefore, their existing fee structure adapted automatically to changes like money supply (or more specifically differences in exchange rates for their suppliers/third parties). If it was a fixed increase, I'd be a lot less critical. But percentages piled on already percentage fee structures strikes of profiteering from their market position, and using the economic climate as a lazy excuse.