Comment on Bernstein Posits That A 10 Percent Baseline US Tariff On Raw Semiconductors Is "Not Going To Do All That Much," But PCs, Servers, And Smartphones Are About To Get Pricier By ~40 Percent

LovableSidekick@lemmy.world ⁨1⁩ ⁨week⁩ ago

• Buelldozer@lemmy.today ⁨1⁩ ⁨week⁩ ago

  Inflation from the Fed helicoptering money around was probably the most predicted thing that’s happened in the last 50 years. It should have surprised literally no one.

  It’s also no surprise that it hasn’t gone away. That’s called deflation and every central banker on the planet would rather be eviscerated with a rusty spoon than allow deflation to happen.

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  • Jakeroxs@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    Except that’s not what happened, companies used the slowdowns in shipping from Covid shutdowns as an excuse to raise prices, then never lowered them. This isn’t inflation, this was intentionally planned, don’t belive me? Listen to their fucking earnings calls specifically saying it out loud.

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    • CandleTiger@programming.dev ⁨1⁩ ⁨week⁩ ago

      Companies deciding to raise prices (for any reason — justified or not) is what inflation is made of.

      Inflation just means “prices went up.”

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      • Jakeroxs@sh.itjust.works ⁨6⁩ ⁨days⁩ ago

        That is an extremely simplified take of what inflation is.

        Here’s a fun example as to why just saying “inflation means prices go up” doesn’t make sense, what happens when a group of companies conspire to raise prices simultaneously? Is that inflation or is that price fixing? propublica.org/…/yieldstar-rent-increase-realpage…

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    • sugar_in_your_tea@sh.itjust.works ⁨6⁩ ⁨days⁩ ago

      Look at the money supply compared to inflation. Inflation went up due to supply shocks, central banks printed money as supply shocks eased, and we’re left with stable, higher prices.

      If central banks didn’t print money during the inflationary period, we would’ve seen a period of deflation as prices returned roughly to where they were.

      Seriously, look up the numbers. Here’s UK money supply, for example.

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