this post was submitted on 29 Aug 2024
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Economics
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From a corporate analyst perspective, each of these companies working in isolation thought they had the breathing room to increase their prices and profits. Double the price, sell more than half that you used to, boom profit goes up. But I think too many companies did it at once, and too many costs rose in necessities, and they ate into each others lunches.
Like in game theory!!!!
I was just about to say that maybe people finally figured out that Dollar General is screwing them.