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I'd also like to add to the list: 6. Many industries have become oligopolies, so companies can increase the prices consumers pay even faster than their own cos
by leereeves 4y ago
I'd also like to add to the list:
6. Many industries have become oligopolies, so companies can increase the prices consumers pay even faster than their own costs increase, leading to record profits.
For example, Tyson Foods' profits nearly doubled:
https://www.cnbc.com/2022/02/07/tyson-foods-higher-meat-prices-nearly-doubles-profits-.html https://www.cnbc.com/2022/02/07/tyson-foods-higher-meat-pric...