• explodicle@local106.com
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      1 year ago

      Sure it’s a widespread increase in the prices of goods and services, but corporate profits are up too so that makes it not inflation, for some reason. /s

  • Kidplayer_666@lemm.ee
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    1 year ago

    Well, thing is, some product categories probably aren’t suffering the same price hikes as groceries, fuel and rent. Stuff like cable and internet, clothing and office supplies are probably bringing the average down (please tell me if they’re having inflation, I pulled these categories out of my butt).

    • PenguinJuice@kbin.social
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      1 year ago

      I hope we see deflation eventually… I know it’s not good for the economy but no one wants to pay 100 dollars for a coke

      • Kidplayer_666@lemm.ee
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        1 year ago

        Problem with deflation is: what do people do when theres deflation when it comes to optional expenses? Well, they may postepone them in hopes that prices go further down, this means that there’s less demand, prices go downer, businesses may start to fail, putting people in unemployment, reducing demand, and death spiral. Basically same thing as inflation death spiral but with deflation. Consumer confidence is a very delicate thing

  • MystikIncarnate@lemmy.ca
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    1 year ago

    In some ways, the reported inflation is real. The main increase in cost is not actually real, or caused by anything except greed.

    There’s also a lot of hidden costs that aren’t factored into inflation as strongly as they should be, or at all. Those hidden fees have also gone up.

    So the entire business segment is just hand waving the whole issue because they know it will be reported wrong; they’re going to keep raising prices and point to the “official” inflation numbers and continue to feed us the bullshit that inflation isn’t a problem to justify never giving their employees a raise.

    IDK how stupid they think we are, but I’m sure they think we’re little more than retarded (I mean that in the clinical sense). They’re (very publically) showing massive profit numbers, using inflation, or the lack thereof, to justify slave wages, while ripping off their users as much as they think that they can without creating riots.

    More for them, less for us. As it’s always been.

  • diprount_tomato@lemmy.world
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    1 year ago

    My country’s news say we’re improving with a straight face. And I’m like “improving in what? Making the country sink more efficiently?”

  • FluffyPotato@lemmy.world
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    1 year ago

    I wish my country’s government had the testacles to cap prices on food. I order food mostly online and I compared prices from 2 years ago and most things are at least 200% more expensive, cheese for example is like 600% though.

      • Chickenstalker@lemmy.world
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        1 year ago

        How so? In my country, certain basic food items are priced capped AND rationed, meaning you’re only allowed to buy a certain amount of it at a time.

        > but but but muh freedum market$$

        No! Worldwide, the agricultural sector is THE MOST SUBSIDISED economic field. You can’t have it both ways. If taxpayers’ money is used to prop up your business, you have a duty to the taxpayers and country.

  • Wanderer@lemm.ee
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    1 year ago

    Any more pic of them or are they just randomers on one photo?

    God amateur stuff on the internet is so so much worse than it was 5-10 years ago :(