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

Poll - Total Votes: 10

Yes

You can only vote on one answer.

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.

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sunsporter1649 · 70-79, M

So corporations are supposed to operate spending more than they take in, like the gubberment?

JonLosAngeles66 · M

@sunsporter1649 nope. But not price gouging due to under regulation isn't good either.

sunsporter1649 · 70-79, M

@JonLosAngeles66 So you gonna propose a law governing what businesses can charge for goods or services delivered to customers?

JonLosAngeles66 · M

@sunsporter1649 if the current anti-trust laws keep getting enforced the way the current administration is doing and we modify antitrust and monopoly regulations to match the current complex economy we shouldn't have to.

JonLosAngeles66 · M

@sunsporter1649 corporations are going to charge the highest number they're able to charge if it increases their margin. More competition will even this out. When consumers have more choices and corporations have more competition prices go down.

sunsporter1649 · 70-79, M

@JonLosAngeles66 Well how about that, you just figured out capitalism

JonLosAngeles66 · M

@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.