simpsonsshitposting

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Go on then (sh.itjust.works)

submitted 2 weeks ago by StarvingMartist@sh.itjust.works to c/simpsonsshitposting@sh.itjust.works

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[–] Jankatarch@lemmy.world 7 points 2 weeks ago (2 children)

"Inflation is just supply-and-demand when you think about it."

[–] bier@feddit.nl 11 points 2 weeks ago (1 children)

Not really... The economy is more and more controlled by a hand full of large multinationals. So if one corporation has 90% of the market (using different brand names to fake competition), they can raise the price far beyond just supply and demand. In the end we all need food and Healthcare etc. When you have the option of paying way to much (for some medicine) or dying, you can't really say no, right.

[–] pivot_root@lemmy.world 6 points 2 weeks ago

And shelter, which developers, slumlords, and property management companies would be more than happy to see doubled every decade.

If you include necessities beyond just what is needed to not end up dead, we also have:

Electricity
Sewage and waste disposal
Personal transportation (in North America, where suburbs are sprawling and transit is inadequate)
Phone or internet (needed for employment)

There are plenty of places where the average person has no choice but to get bent over and fucked by profit-seeking corporations.

[–] wischi@programming.dev 4 points 2 weeks ago

Yes, vut with the supply being almost literally just a printer. Typically 2% inflation are intentionally targeted to prevent deflation (which is also not good).