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It's not your imagination: Companies are more willing to raise their prices now — and it's because we let them (www.cbc.ca)
submitted 10 months ago by sik0fewl@kbin.social to c/canada@lemmy.ca
72 comments fedilink hide all child comments

Supply chains, worker wages and the price of energy has been blamed for the current bout of high inflation. But central bankers around the world are starting to clue in to something consumers have been aware of for a while — corporations just aren't afraid to raise their prices anymore.

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[-] Prezhotnuts@lemmy.ca 14 points 10 months ago

We don't have a congress in Canada, so it would be impossible.

[-] some_guy@lemmy.world 5 points 10 months ago

Oh he was talking about America on an article about Canada in a Canadian community. Because he doesn’t read articles, just posts uninformed hot takes that he expects everyone to agree with.

[-] Asafum@feddit.nl 2 points 10 months ago

I did the same thing, but it's because we're all seeing the same things as far as cost increases and governments sitting on their hands.

[-] AngryCommieKender@lemmy.world 2 points 10 months ago

Couldn't your parliament enact such price caps?

[-] Prezhotnuts@lemmy.ca 3 points 10 months ago

Yes they absolutely could.

this post was submitted on 05 Nov 2023
328 points (98.5% liked)

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