• BarneyPiccolo@lemmy.today
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    6 hours ago

    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.