3 ms·
This is a very counter productive attitude. Ask any restaurant owner and they'll tell you the cost of ingredients and labor has more than doubled in recent year
by bloppe 2y ago
This is a very counter productive attitude. Ask any restaurant owner and they'll tell you the cost of ingredients and labor has more than doubled in recent years. Ask any waiter or produce supplier why their prices have gone up, and they'll tell you their costs of living and business have doubled too. A big point of having a competitive economy is to make greed self-defeating. Blaming inflation on greed is like blaming hurricanes on evil spirits. It's stupid, destructive, and seductive.
Inflation happens when demand outstrips supply, plain and simple. In America, keeping inflation in check is the Fed's job. They're the only ones who could reasonably be blamed for failing to take it seriously until too late. But the only way to reduce demand is to basically make people poorer. So ya it's not surprising that people get angry. But all this anger is misplaced and counterproductive
- switch007 2y agoDid you see the qualifier "sometimes" before the word greed? I also mentioned inflation. Seems like you're the angry one, not me