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The failure at trust bustng causing decreased competition and more market power is one part of why this is questionable. The other shoe that hasn't really dropp
by snapplebobapple 3y ago
The failure at trust bustng causing decreased competition and more market power is one part of why this is questionable. The other shoe that hasn't really dropped in this conversation is that companies hate increasing prices so the game is often to raise prices more a few times rather than many times but for smaller amounts. We will need to look back on this whole price and profit move over the whole government caused supply and demand shock to see if profits are below normal later and somewhat cancel out higher profits now to know if this is happening.
To say greed is causing inflation rather than greed is a response to a government caused supply and demand shock is really questionable to me though. It takes away from the major role of bad government policy in the root causes of this situation and puts it on companies responding as profit maximizers (as they always should be) to government created aituations.