3 ms·

No, but they affect consumer prices.

• uoaei 3y ago
  Only in the sense that they set a floor, but not that they set a ceiling. Thus, very limited utility in the context of understanding consumer prices.
  • object-a 3y ago
    It's true, but a large gap between consumer and producer prices is hard to maintain over the long run. It is true that there are other factors which can drive inflation and rising consumer prices. However, if the recent bout of inflation was caused by supply chain issues, or by food + energy costs rising, then a decline in producer prices would probably slow consumer price inflation.
    • uoaei 3y ago
      [flagged]
      • object-a 3y ago
        It is not "simping" to point out that factor prices have an impact on consumer prices. And while some companies do have (too much) pricing power, I wouldn't categorize it as unilateral and unchecked
      • dang 3y ago
        > your motivation to simp Crossing into personal attack, as you did here, will get your account banned—especially when the account has a long history of breaking the site guidelines. We've had to ask you about this many times: https://news.ycombinator.com/item?id=36748588 https://news.ycombinator.com/item?id=36748588 (July 2023) https://news.ycombinator.com/item?id=36748560 https://news.ycombinator.com/item?id=36748560 (July 2023) https://news.ycombinator.com/item?id=28611505 https://news.ycombinator.com/item?id=28611505 (Sept 2021) https://news.ycombinator.com/item?id=23648230 https://news.ycombinator.com/item?id=23648230 (June 2020) https://news.ycombinator.com/item?id=22263907 https://news.ycombinator.com/item?id=22263907 (Feb 2020) I don't want to ban you! But we really need you to stick to the rules, so if you'd please review https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and do that from now on, that would be good.