Corporate greed is part of what I laid out. Inflation is complex and happens regardless. Certain things can have a larger impact on the rate of inflation. Introducing monetary supply in the form of wages or stimulus is one of those things. I’m all for higher wages. What I am trying to get across is that we also need to recognize the impact we have. Corporate greed exists. People want money. It makes sense. It is further driven by us having the money to take in the first place. If the product or service doesn’t get purchased the price lowers until it does and/or the business fails. All I am saying is we as consumers could do a better job being mindful of this. We don’t have very much control in this system, but we do have some. Of course we’re not united in this so it probably doesn’t matter. If you don’t buy the 2k phone your neighbor probably will.
Corporate greed is part of what I laid out. Inflation is complex and happens regardless. Certain things can have a larger impact on the rate of inflation. Introducing monetary supply in the form of wages or stimulus is one of those things. I’m all for higher wages. What I am trying to get across is that we also need to recognize the impact we have. Corporate greed exists. People want money. It makes sense. It is further driven by us having the money to take in the first place. If the product or service doesn’t get purchased the price lowers until it does and/or the business fails. All I am saying is we as consumers could do a better job being mindful of this. We don’t have very much control in this system, but we do have some. Of course we’re not united in this so it probably doesn’t matter. If you don’t buy the 2k phone your neighbor probably will.