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> Complaining that loose monetary policy is responsible for inflation is a pretty common theme from Musk/Trump fanboy type CEOs. What is the source of inflatio
by reliabilityguy 2y ago
> Complaining that loose monetary policy is responsible for inflation is a pretty common theme from Musk/Trump fanboy type CEOs.
What is the source of inflation then?
- immibis 2y agoInflation is when prices go up. CEOs (loosely speaking) set prices.
- chii 2y agoSo why didnt price go up prior to covid, if the CEO can manage to set prices? Or is it that they have always set their price to the maximum that their customers will bear, and it's just that now, their customers were willing to bear a bit higher (due to some external cause)?
- immibis 2y agoCEOs didn't realize they could set prices that high and still keep their customers.