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Sabo tabby cat | IF THERE IS BOTH INFLATION AND RECORD PROFITS; THERE IS PRICE GOUGING | image tagged in sabo tabby cat | made w/ Imgflip meme maker
107 views 1 upvote Made by RavenWings 3 months ago in politics
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9 Comments
4 ups, 3mo
Ok, so don’t buy it if you think it’s gouging. Problem solved
2 ups, 3mo
I don't give a fuck anyway | image tagged in i don't give a fuck anyway | made w/ Imgflip meme maker
3 ups, 3mo
Currency devaluation.
1 up, 3mo
Tell me you have no understanding of business without telling me you have no understanding of business.

The stores have bought their product — they sell that product for profit and may have made record profits. To replace what they sold they have to pay their suppliers and transporters more due to inflation, which then eats the “record profits.”
2 ups, 3mo
False, the money coming is is worth less so you'll get more money for the same product and not earn more wealth. It's basically the definition of inflation.

"Inflation is the rate at which prices for goods and services in an economy increase over time. It can be measured broadly, such as the overall increase in prices or the cost of living, or more narrowly, for specific goods or services.
Inflation can also be thought of as a decrease in the value of money and purchasing power. Low inflation is generally considered a sign of a healthy economy, while high or rapidly changing inflation can be dangerous.
The rate of inflation is measured by monitoring price indexes, which track changes in the price of a group of goods and services. The Federal Reserve uses multiple price indexes because different indexes track different products and services, and are calculated differently. "
1 up, 3mo
I made 1 penny more than i did last year, its technically record profits , but with rampant bidenomic inflation Lost
[deleted]
1 up, 3mo
no free speech | image tagged in no free speech | made w/ Imgflip meme maker
0 ups, 3mo
Inflation is actually because of item costs and rarity. It's the price of the item's main combination of items and of it's valuable, or expensively made, or is hard to find and get
0 ups, 3mo
I'm gouging food not liies unlike you
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IF THERE IS BOTH INFLATION AND RECORD PROFITS; THERE IS PRICE GOUGING