• dx1@lemmy.world
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      1 year ago

      Price gouging coincidentally at the same time across the entire economy, soon after an enormous increase in the monetary supply.

      A—Aurora Borealis? At this time of year! At this time of day! In this part of the country! Localized entirely within your kitchen?!?

      • Jo Miran@lemmy.ml
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        1 year ago

        Record high prices coinciding with record high profits and plunging cost of good sold, followed by even higher prices. They are testing to see what the pain thresholds are. All that’s gonna happen is that business will start to collapse as consumer spending plummets because people can barely afford to survive. Will the system autocorrect or collapse? Will the government ever enforce consumer protection laws ever again? ¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯