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You do miss though, those situations where every supplier took advantage of inflation to stack extra margin on. Seeing that diff to the last price is helpful.
by tyingq 3y ago
You do miss though, those situations where every supplier took advantage of inflation to stack extra margin on. Seeing that diff to the last price is helpful.
- deleted 3y ago[deleted]
- Gigachad 3y agoHelpful in what way? The prices 6 months ago are no longer available so how does it help to see them?
- tyingq 3y agoCan't tell if you're serious. People on a budget want to know which line item increases are driving the overspend in the "grocery" category. So they can take some action to counteract it. Source that item elsewhere, consider store brands for that item, do without that item, etc.
- BlueTemplar 3y agoThis either means that they have a cartel (which is illegal), or they effectively had no choice for some reason or another. ("Inflation" is such a nebulous concept...)
- tyingq 3y agoThere's quite a few stories outlining how many companies are taking advantage of the "cover" of inflation to take on additional margin. Like, they see cost increases of 5% on their side, but raise prices 10%. It doesn't require a cartel for every notable supplier in a market to have the same idea.
- BlueTemplar 3y agoExcept they will be immediately undercut by someone that did NOT raise prices !
- tyingq 3y agoExcept it's happened, and recently, and the quasi-cartel holds.
- BlueTemplar 3y agoIf it holds, what makes you think it's not a cartel ?