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This is also one of the things driving inflation right now. Since there is so little competition in so many industries, firms can set their prices (and on the o
by jessaustin 4y ago
This is also one of the things driving inflation right now. Since there is so little competition in so many industries, firms can set their prices (and on the other side, set their wages) to whatever they want and consumers have little choice on the matter. We're already past Gilded Age levels of inequality, and the assholes don't see any reason to stop turning the screws. They actually still claim that they're going to control inflation by raising interest rates!