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Is it really inflation if a large part of it is corporations choose to increase prices and profits?

Poll - Total Votes: 8
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Corporations are at monopoly levels. Choice and competition is minimal. They read the current climate and raise prices to increase profit margins, not to absorb increased prices. If they can get it, they'll charge it.
DeWayfarer · 61-69, M
The whole economic system has been messed for decades now.

It's not even really a viable economic system. Especially when the value of things doesn't include the necessities being affordable.

Things like housing, food, health care and even education for children, need to be considered first and foremost, for it even to be viable economic system.

And too bad if that doesn't mean corporate profits!

The very basics just are not even considered within today's economic system.

So what do you have?

Homeless by the hundreds of thousands, that need to be feed, and in desperate need of both physical and mental health care, making children that are all uneducated.

All thanks to corporate capitalism!

No, I'm not referring to socialism or communism. They don't consider those four things either!

You don't own your house under those systems! You don't get enough to afford the food needed. You don't get the full health care needed. And you most certainly don't get the education needed to live in today's society.

They are just as greedy as the capitalists.
Picklebobble2 · 56-60, M
Well they can't use recovery from covid (in America anyway)since America got off light in terms of business bailout.

If you're in Europe you might get away with 'supply issues' as successive springs and summers have been so poor in terms of weather and that's affected produce and farming.

In Europe, foreign companies have been charging a fortune for gas; electric and oil claiming it's becoming more expensive to drill for (plus the usual arguments between OPEC and other producers on price fixing and transporting)

Russia continuing to bomb and decimate Ukraine has affected a lot of grain imports into Europe so that may be a factor.
Oil and gas from here is increasing in cost because of it.

The interest rate for borrowing is probably the cause for most price rises.
This is why there's often vocal warfare between political parties trying to get support and the 'bookkeepers' telling them you can't afford it !
sunsporter1649 · 70-79, M
So corporations are supposed to operate spending more than they take in, like the gubberment?
sunsporter1649 · 70-79, M
@JonLosAngeles66 Well how about that, you just figured out capitalism
@sunsporter1649 grow up.
badminton · 61-69, MVIP
@sunsporter1649The real nature of capitalism showed itself in 2008. Greedy financers nearly tanked the U.S. economy with their reckless schemes. Then we the tax- payers had to bail out "Too big to fail" banks. Private unrestricted profits, but no risk or responsibility, is how they like it.
badminton · 61-69, MVIP
We need much stronger anti-monopoly trust-busting laws. We need to break up too-big corporations. Real capitalists do not like competition. It cuts into profits. This is why we need government action to reign in corporate greed.
Yep, pretty much economics 101. If there is little competition predatory monopolies will raise prices.
@LordShadowfire I added a sentence to clarify what I meant.
LordShadowfire · 46-50, M
@BritishFailedAesthetic I see that. In response, I edited my comment. Have a pleasant evening. Or is it morning where you're at?
@LordShadowfire Bright early in the morning- almost 7:30 right now!
plungesponge · 41-45, M
Most of inflation is money printing. Once the supply has flooded, where it shows up is mostly a symptom
LordShadowfire · 46-50, M
Nope. What it is, is a combination of sһitty politicians in office from 2016 to 2020 who deregulated corporations, and greedy selfish corporate higher-ups who want to pad their retirement accounts.

So who's going to fix it?

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