Are greedy corporations causing inflation?

Yakuda said:
That stuff is not fit for human consumption.
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When I left my parents house I resolved three things....my house would always be stocked with butter not margarine, that there would never be pancake goo it would be maple syrup, and that it would have mayo not Yuk Whip.
 
Hawkeye10 said:
When I left my parents house I resolved three things....my house would always be stocked with butter not margarine, that there would never be pancake goo it would be maple syrup, and that it would have mayo not Yuk Whip.
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I have the same three things in my home. Maybe the other items are a leftist thing?
 
Yakuda said:
I have the same three things in my home. Maybe the other items are a leftist thing?
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The WOKE suicide cult not caring about competence is them not caring about quality...so you might have something there.

Except that I am a Progressive.
 
BidenPresident said:
To believe that corporations are making out like bandits is to believe they are winning the fundamental battle in economics. Output must flow either to owners of capital—in the form of profits, dividends and rents—or to labour, as pay and perks. Economists refer to this as the “capital” or “labour” share of gdp. When one group wins, by definition the other must lose.

For the moment, the evidence suggests an even match-up. We have estimated the labour share across the oecd, a group of mostly rich countries. Labour has had the upper hand for most of the past three years, though more recently its share has fallen (see chart 1). In 2020 firms continued to pay people’s wages—helped by stimulus programmes—even as gdp dropped. In 2021 and 2022 strong demand for labour allowed many existing workers to demand more pay. It also pulled new people into the workforce. Across the oecd the share of working-age folk in a job is at an all-time high of 70%.

https://www.economist.com/finance-and-economics/2023/04/30/are-greedy-corporations-causing-inflation
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Were they causing inflation during the Trump years?
 
Yakuda said:
It has everything to do with it. What is the most basic principle of economics that most affects price?
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Price meets demand.

Well, now that you brought that up. I lowered my demand for Mayonnaise. And if everyone else did, it would become cheaper- using your and mine logic!

For what I was paying for a pack of Oscar Meyer Lunch meat, a loaf of overpriced Bread, and mayonnaise, I discovered, I could buy a nice package of rib-eye steaks at Krogers on sale for $4.99 A LB.

So, I don't really do the sandwich thing anymore. Why eat bologna which is made out of root, snoot, and tooter- WHEN YOU CAN EAT LIKE A KING!

HOWS THAT FOR DEMAND?!
 
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Geeko Sportivo said:
Price meets demand.

Well, now that you brought that up. I lowered my demand for Mayonnaise.

For what I was paying for a pack of Oscar Meyer Lunch meat, a loaf of overpriced Bread, and mayonnaise, I discovered, I could buy a nice package of rib-eye steaks at Krogers on sale for $4.99 A LB.

So, I don't really do the sandwich thing anymore.

HOWS THAT FOR DEMAND?!
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There you go. then stop pissing and moaning about "greedy" corporations. If more people did what you did the price would drop. the price of eggs would mean shit.
 
Yakuda said:
leftists destroy everything they touch. is that you?
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You are wrong and if you had any sense you would welcome all the help you can find in dealing with these totalitarians who stole the Progressive name, this death cult.

Be Nice.
 
Yakuda said:
There you go. then stop pissing and moaning about "greedy" corporations. If more people did what you did the price would drop. the price of eggs would mean shit.
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I'll piss and moan about whatever I want to- THANK YOU VERY MUCH!

YOU CERTAINLY DO A LOT OF IT! :laugh:
 
Causes-of-Inflation.jpg


So, which of these is going on right now the most?
 
BidenPresident said:
To believe that corporations are making out like bandits is to believe they are winning the fundamental battle in economics. Output must flow either to owners of capital—in the form of profits, dividends and rents—or to labour, as pay and perks. Economists refer to this as the “capital” or “labour” share of gdp. When one group wins, by definition the other must lose.

For the moment, the evidence suggests an even match-up. We have estimated the labour share across the oecd, a group of mostly rich countries. Labour has had the upper hand for most of the past three years, though more recently its share has fallen (see chart 1). In 2020 firms continued to pay people’s wages—helped by stimulus programmes—even as gdp dropped. In 2021 and 2022 strong demand for labour allowed many existing workers to demand more pay. It also pulled new people into the workforce. Across the oecd the share of working-age folk in a job is at an all-time high of 70%.

https://www.economist.com/finance-and-economics/2023/04/30/are-greedy-corporations-causing-inflation
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you're a severely fucked up idiot.
 
In fact, huge profits are a part of the problem. It is also growing exec salaries. The wealth of the nation moves into a smaller and smaller sector of the American population.
When covid slowed down, some corporations said they were pleased that the public would accept much higher prices. They wanted to jack them up for years.
 
Geeko Sportivo said:
Yes! Take mayonnaise as just one example.

Every manufacturer in America that makes mayonnaise, also makes an egg-free sandwich spread- referred to as Salad Dressing.

When the Mayonnaise Manufacturers experienced an egg shortage, they all said their price increases had to go into effect to offset the cost they were paying for eggs- due to a World Wild Bird Flu pandemic.

But, they also raised the cost of their egg-free Salad Dressing products as much as they raised the price of their Mayonnaise- over 100%!

That is what is referred to as Price Gouging folks!
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Little lizards don't eat mayonnaise. Your boycott worked.
 
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