Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed
Garbanzo@lemmy.world 5 months agoWhat other companies? There’s just a handful of conglomerates and a few defacto monopolies who all stay out of each other’s lanes. Where they should be competing, they colude. We need to elect some trust busters but we keep being told our only options are keep things the same or burn it all down.
intensely_human@lemm.ee 5 months ago
What are some products you think are surrounded by this kind of market right now?
Garbanzo@lemmy.world 5 months ago
images.app.goo.gl/VuKLsWHSu8qxqvzt6
intensely_human@lemm.ee 5 months ago
I’m seeing ten root nodes in that structure. Are you claiming that ten distinct market competitors are able to maintain a pricing cartel without any defection? That seems unlikely to me.
Garbanzo@lemmy.world 5 months ago
And yet the prices continue to rise, the corps are bringing in record profits, and the fed’s best efforts have only slightly slowed the upward push on prices. Think that’s just a coincidence?