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this post was submitted on 28 Nov 2023
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A Boring Dystopia
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But I was told here yesterday that inflation is going down and I should be happy things are the way they are.... /s
Inflation has gone down. Doesn’t mean the prices have. In fact they specifically keep going up, because it seems that literally every business has decided the only thing that matters is how much their CEO is worth.
When every industry and consumer goods producer is a monopoly, market competition no longer exists so prices don't really effect demand. Especially for inelastic goods like gas or food.