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Plot twist: Corporations raised prices because there was extra liquidity that they can capture. If the money printing didn't happen, these raises couldn't happe
by csomar 3y ago
Plot twist: Corporations raised prices because there was extra liquidity that they can capture. If the money printing didn't happen, these raises couldn't happen too (because there will be no supply of money to satisfy them).
I'm actually thinking it's not a twisted plot. Companies went ahead of the curve. Instead of waiting for the inflation-induced by printing, and gradually raising prices, they went avant-garde and raised prices accordingly.
You are (were) an idiot if you didn't raise prices.