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The reason profits go up during inflation is because inflation increases demand which (given fixed supply) increases the price markets will bear. In a competiti
by whimsicalism 2y ago
The reason profits go up during inflation is because inflation increases demand which (given fixed supply) increases the price markets will bear. In a competitive market, firms will generally always price at what the market can bear. Pricing what the market will bear does not make you a bad actor.
This is completely unrelated to affirmative action.
- anon291 2y agoit is related to why asian admissions went down after affirmative action bans. Some people hold grudges / want to take advantage.
- whimsicalism 2y agoAre they status seeking or are they holding grudges? Grudges aren't why companies raised prices during inflation.