3 ms·
Corporate price gouging is only due to increase in consumer funds. Companies want to price gouge all the time, but were only able to do so because everyone, es
by prepend 2y ago
Corporate price gouging is only due to increase in consumer funds.
Companies want to price gouge all the time, but were only able to do so because everyone, especially lower income people, had extra cash.
Good luck introducing price controls on basic goods like groceries. Otherwise, things like UBI will increase inflation.
- r14c 2y agothat's addressed in my comment :)
- prepend 2y agoI don’t think it is. The price increases due to additional cash would not be addressed by restructuring corporate profits. Unless you want to do away with corporations all together and go full communist. If people have more money, they will spend it. Since things are fixed, then prices will go up. That’s what happens when you increase money. You get inflation. You didn’t address how to stop that.