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So when do prices go back down?

slater 1y ago
Bold of you to think that's ever going to happen, or that it was ever even intended to happen :(
chneu 1y ago
No way major corps will lower prices. Just like during covid they'll find excuses. Until a regulatory body investigates them for price fixing nothing will change. So nothing will change. During covid, the soda companies kept raising prices. They claimed supply chain. Then, I think it was the SEC(probably wrong), stepped in and said "We're gonna investigate ya for price fixing" and suddenly soda prices went back down.
- SkipperCat 1y ago
  Sadly, DOGE probably fired all the people in the SEC and other agencies that would have gone after corporate price fixing from this current debacle. Hard to believe that this administration may have made prices worse than the Biden administration. Actually, its not hard to believe, its totally Trumpian.
- firesteelrain 1y ago
  It was the FTC investigating grocery retailers in general creating higher prices to protect their profits while the retailers blamed COVID. Separately, the “Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.” 1. https://apnews.com/article/ftc-sues-pepsico-price-discrimination-walmart-21ec148b608f3438fdd6d919732be97d https://apnews.com/article/ftc-sues-pepsico-price-discrimina...
- Auracle 1y ago
  We've already seen it happen with the Chinese tariffs being temporarily (possibly permanently, now) lowered. Competition works, as always (price fixing excepted).
mindslight 1y ago
How long did it take for prices to go back down after the first round of senseless Trumpflation?
Aurornis 1y ago
Any inventory imported under the tariffs still needs to be sold through. There’s also a threat that this administration will ignore the ruling or pull other tricks to suddenly impose tariffs through some other avenue. As long as tariff threats are being thrown around and this administration continues to act unpredictably, we are far from out of the woods.
JKCalhoun 1y ago
Stock prices go up immediately. :-)
mint2 1y ago
Prices tend to be sticky! Deflation isn’t common these days. When will price stabilize is a more appropriate question.

Bold of you to think that's ever going to happen, or that it was ever even intended to happen :(

No way major corps will lower prices. Just like during covid they'll find excuses. Until a regulatory body investigates them for price fixing nothing will change. So nothing will change. During covid, the soda companies kept raising prices. They claimed supply chain. Then, I think it was the SEC(probably wrong), stepped in and said "We're gonna investigate ya for price fixing" and suddenly soda prices went back down.

SkipperCat 1y ago
Sadly, DOGE probably fired all the people in the SEC and other agencies that would have gone after corporate price fixing from this current debacle. Hard to believe that this administration may have made prices worse than the Biden administration. Actually, its not hard to believe, its totally Trumpian.
firesteelrain 1y ago
It was the FTC investigating grocery retailers in general creating higher prices to protect their profits while the retailers blamed COVID. Separately, the “Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.” 1. https://apnews.com/article/ftc-sues-pepsico-price-discrimination-walmart-21ec148b608f3438fdd6d919732be97d https://apnews.com/article/ftc-sues-pepsico-price-discrimina...
Auracle 1y ago
We've already seen it happen with the Chinese tariffs being temporarily (possibly permanently, now) lowered. Competition works, as always (price fixing excepted).

mindslight 1y ago

How long did it take for prices to go back down after the first round of senseless Trumpflation?

Aurornis 1y ago

Any inventory imported under the tariffs still needs to be sold through. There’s also a threat that this administration will ignore the ruling or pull other tricks to suddenly impose tariffs through some other avenue. As long as tariff threats are being thrown around and this administration continues to act unpredictably, we are far from out of the woods.

JKCalhoun 1y ago

Stock prices go up immediately. :-)

mint2 1y ago

Prices tend to be sticky! Deflation isn’t common these days. When will price stabilize is a more appropriate question.