2 ms·
There wasn't any more post covid price fixing than pre covid price fixing. This idea that inflation happened because companies got greedy is so hilariously rea
by Workaccount2 3y ago
There wasn't any more post covid price fixing than pre covid price fixing.
This idea that inflation happened because companies got greedy is so hilariously reactionary and uninformed.
https://fred.stlouisfed.org/series/WM2NS https://fred.stlouisfed.org/series/WM2NS
https://fred.stlouisfed.org/series/WALCL https://fred.stlouisfed.org/series/WALCL
https://fred.stlouisfed.org/series/WFRBLN40059 https://fred.stlouisfed.org/series/WFRBLN40059
Just look at those charts and then tell me how "price fixing" drove inflation more than "tons of cash in consumers pockets". No shit companies jacked prices, consumers where stacked with cash.