Not "it makes inflation worse" - the correct term is "it makes inflation".

Shockingly, when you don't come down hard enough on price gougers during a global pandemic, the rest of pf buisnesses get the idea you're unwiling to punish anyone for price gouging.

Don't call it inflation, this is price gouging

Yeah I’m not buying the claim that corporations have ever been any less than 100% willing to raise prices as much as they can.

It's unspoken collusion amongst publicly traded companies is what it is. Instead of competing against each other on price, they have all just been price jacking for profits and in today's corporate world of massive companies that all own a dozen subsidiaries there's no new competition for virtually anything that can come in and start competing with lower prices, so there's no fear of being undercut by a new player and they're all happy to all raise prices and keep most of their customer base instead of trying to compete against whatever tiny handful of companies are in their sector to expand their customer base.

Just look at home appliances. Whirlpool owns the Jenn-Air, Maytag, Amana, Roper, and KitchenAid. There's only a few other major corporations that make appliances and they're all publicly traded companies that have all raised their prices well over inflation.

Almost like we should have laws to control their greed… 🧐

for the 20 years leading up to 2022, corporate profits were responsible for about one-third of inflation. Last year, however, that ratio jumped to two-thirds, which means that despite legitimate increases in their cost of doing business, their take-home share of every consumer dollar effectively doubled.

Record profits everywhere - except for employees and consumers.

Advice for consumers for much of the past year has boiled down to either trying to cut back on expenses, or increasing income, but Stanford says it's misleading to put the onus on consumers to solve inflation, since they're the ones bearing the disproportionate burden of it.

Hey, everyone. You don't show up to the semi finals without practicing and think you're going to accomplish anything else but getting dunked on.

You can't just wait around and then react when bad stuff happens. You need to practice and organize and scrimmage throughout the year. Then when the big day arrives, you all know what to do.

Start small, and grow your action. Started by building channels to coordinate actual group actions/boycotts. Tell all those bots that work real hard to tell us all to just ignore their collusion instead of organizing. Then start picking off small players with organized boycotts. Build momentum. Start fucking stuff up over super minor inconveniences to scare the ever loving shit out of these companies trying to pull bigger schemes.

You would think we didn't have a massive communication channel attached to our hips ffs

Every dollar of profit is a dollar exploited from the the supplier, the worker, and the customer.

Where I live there's only one company responsible for public transport for the whole country/state/province and they have increased fares for busses by 7% and are now increasing train fares for most adults too (not the elderly though) just only young people and people below retirement age being affected and there's no support for decreased fares for people in poverty or jobless or disabled. Prices had been frozen for about a year or two because of "cost of living" yet money is going less further this year because wages haven't kept up and goods are still expensive so the least well off is going to be hit harder by the increase to public transport.

One of the products we use at our business is going up about 25-30%

We are locked in to contracts that last 3-5 years. We will be eating that cost for awhile now.

the definition of inflation is too much currency going after too few goods, all of this blaming the companies or the workers shows the hand of the writer not understanding basic capitalist economics. so the writer is most likely either ignorant or a shill