The flare-up of inflation that followed the pandemic, combined with flush consumers ready to spend, ushered in an new era of profitability even more massive than previously estimated.
Wow you mean the people who used their power to artificially inflate the cost of essential goods and services while claiming it was a “supply chain issues” came out on top? You mean that once again the working class was forced to pick up the slack as the lazy 1% got richer off their backs?
If companies collude and price fix, that will always be a “giant gold mine”. But it’s an unethical gold mine, and a good example of why more regulation is needed in a lot of places.
And why we need to prevent “mergers” to force companies to continue to compete before they reach mega Corp size and power
Covid was just an excuse to price gouge. Because it worked so well you can expect more shit like this in your lifetime.
You know what they say. Never let a good disaster go to waste.
They will drum up more human suffering as long as it pays for their yachts.
I don’t believe covid had that much of effect on inflation. Poor decisions both before and right after are more to blama along with good old fashioned gouging. The supply chain issues effected the time period they happened and actually after there wa a lot of pent up supply. If anything we should have had a slight depression afterward.
“Chaos is a ladder”
