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If the inflation is strictly caused by "corporate greed", and not by an expansion of the money supply, then yes, the prices would drop. If the inflation is cau
by anonym29 2y ago
If the inflation is strictly caused by "corporate greed", and not by an expansion of the money supply, then yes, the prices would drop.
If the inflation is caused by an expansion of the money supply and "corporate greed" is merely the proximal expression of this, and central banks do not decrease the money supply as quickly and as much as they expanded it by, then no, higher prices are here to stay.
Time and reality will tell, no need to argue this out here with people who've already emotionally made up their mind and cannot be reasoned with through rational conversation.
- ryandrake 2y agoI agree and I think we should start ore clearly distinguishing between inflation and price gouging. Both are going on, but when we blame everything on "inflation" we're really just letting the government be the fall guy and letting corporations off the hook for whatever increase they are doing beyond the currency's actual inflation.