Appreciate that you put effort into the post as most of the posts here are snarky one liners, I can’t respond to it all so ultimately we’re just going to have to agree to disagree
If you are caught raising your prices more than 5%, and you don’t have corroborating evidence of your higher costs (supplier invoices, etc), then you’re going to jail.
This doesn’t make sense, costs for everything go up, everyone’s throwing cash about, remember the farmer who milks the cow now has a million dollars, he now wants to buy a house/car/all the things he couldn’t afford before, demand goes up, there’s the same amount of supply = price goes up, lambo’s cost 250k? when 20 million people order them, not enough supply, the price goes up to 2 million, this is basically the whole reason we had worldwide inflation after covid, whole lotta stimulus, not enough supply
The economy boomed during Covid
Yes and no, as you said some areas boomed however the after effects hurt a lot apparently:
Trump won voters who prioritized economy and immigration
All I have to say is that of course prices are constantly increasing, but a 200% increase following something like a large distribution of money, would be an obvious red flag for gouging.
The point is that regulating the situation would keep most retailers in line, and the price gougers couldn’t get away with it on a massive scale. That’s what happened to college tuitions when the government made it easy to get college loans, but didn’t regulate the cost of tuitions. So colleges cranked up their prices to force young people to take on a lifetime of debt as the price of admission to the POSSIBILITY of getting a decently paying job.
Now we have a growing economic time bomb in annually growing student debt that will eventually crash the economy, as people will no longer be able to afford literally ANYTHING they require for basic living, like a home or a car, or even food.
Appreciate that you put effort into the post as most of the posts here are snarky one liners, I can’t respond to it all so ultimately we’re just going to have to agree to disagree
This doesn’t make sense, costs for everything go up, everyone’s throwing cash about, remember the farmer who milks the cow now has a million dollars, he now wants to buy a house/car/all the things he couldn’t afford before, demand goes up, there’s the same amount of supply = price goes up, lambo’s cost 250k? when 20 million people order them, not enough supply, the price goes up to 2 million, this is basically the whole reason we had worldwide inflation after covid, whole lotta stimulus, not enough supply
Yes and no, as you said some areas boomed however the after effects hurt a lot apparently:
https://abcnews.com/538/voters-chose-trump/story?id=115827243
Giving the poorest a temporary increase in money != UBI
The poor get plenty of money across Europe and everywhere else not America
I think half the time I have to adjust my view because I’m not American
Anyway good post, last one from me
All I have to say is that of course prices are constantly increasing, but a 200% increase following something like a large distribution of money, would be an obvious red flag for gouging.
The point is that regulating the situation would keep most retailers in line, and the price gougers couldn’t get away with it on a massive scale. That’s what happened to college tuitions when the government made it easy to get college loans, but didn’t regulate the cost of tuitions. So colleges cranked up their prices to force young people to take on a lifetime of debt as the price of admission to the POSSIBILITY of getting a decently paying job.
Now we have a growing economic time bomb in annually growing student debt that will eventually crash the economy, as people will no longer be able to afford literally ANYTHING they require for basic living, like a home or a car, or even food.