Comment on Half of recent US inflation due to high corporate profits, report finds
ax-_-xa@kbin.social 8 months agoAren't they also losing customers? I don't buy shit anymore. Won't a lot of places eventually drive themselves out of business? A smaller, captive customer base with the wealth to choose differently if they feel like it. The vast majority just doing without whatever isn't crucial.
dylanmorgan@slrpnk.net 8 months ago
You can’t really stop buying food. There’s a reason that (say) a laptop costs the same now that it did in 1998 but eggs went from $2.50 a dozen to $8 a dozen in a few weeks with no actual change in supply or demand outside of a very brief constraint on shipping.
ax-_-xa@kbin.social 8 months ago
Right, and when all we buy is food, many, many other businesses go poof. I'm not saying food isn't expensive. I'm saying that's all I buy anymore.