3 ms·
Inflation can also happen when companies across the board decide that, despite record profits, they can all raise prices.
by danaris 4y ago
Inflation can also happen when companies across the board decide that, despite record profits, they can all raise prices.
- sfe22 4y agoYou mean companies can create cartels and raise prices together? Yes, that can happen, but firstly, that is not inflation (no increase in money supply happened), and secondly most non-government cartels are not very stable. They leave opportunities for competition to take their business.