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Price increases were driven by supply issues resulting in price increases. Then companies realized that customers don't react to the amount of price increase, m
by Guvante 3y ago
Price increases were driven by supply issues resulting in price increases. Then companies realized that customers don't react to the amount of price increase, merely to a price increase.
Why bump up prices by 5% when you could bump them by 20%?
Fiat money printing didn't directly impact pricing unless you consider a lack of demand during a drop in supply but put another way "people didn't starve during the market problems" doesn't sound so bad...
Certainly a lot of money was given to investors which certainly made the housing crisis worse given it was considered a safe investment for the excess money.
Ukraine is mostly getting old equipment and listed at its purchase price...
High energy prices are due to increased demand due to global warming increasing climate control costs hugely.