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"This is the most naive take. Walmart is going to sqeeze as much profit as possible, why would they do anything to lower the price of consumer goods?"
by refurb 4y ago
"This is the most naive take. Walmart is going to sqeeze as much profit as possible, why would they do anything to lower the price of consumer goods?"
- gremlinsinc 4y agomilk and bread fluctuate between 2 and 4 dollars and have since I can remember. housing never goes down. rent has steadily increased from 800 for a 3 bd in my area to 1500 in 6 years. (rural Utah). this isn't apples and oranges comparison. rental markets aren't the same as consumer markets.
- refurb 4y agoThe point being lowering prices can sometimes maximize revenue. And sure housing goes down, check out prices after 2008. Condos in Miami could be bought for $30,000. They couldn't give them away.