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Monopoly increases the risk of greed-fueled inflation for sure. I am of the opinion that the inflation that we are seeing now started off with fundamental issue
by programmertote 4y ago
Monopoly increases the risk of greed-fueled inflation for sure. I am of the opinion that the inflation that we are seeing now started off with fundamental issues with the economy (oil production and prices; COVID-related government programs; too many years of cheap money provided by the government), but it sticks around because of greed.
I have been consciously trying to cut down on the expenditure on snacks, food (like eggs) and other items like laundry detergent that obviously have gone up significantly in price (more so than inflation rate) and/or have been shrinkflating noticeably. It is not easy, but that's the best I can do to send a message (I know, me doing alone is inconsequential) to some of these producers that they have a limit on how much they can raise. I am also 100% aware that a lot of people (esp. the ones with families) don't have the luxury to reduce consumption like myself though.