• slaacaa@lemmy.world
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    1 month ago

    It’s laughable when some people talk about inflation as it’s a physical law like gravity. No, it’s a decision of the capital owners to protect and grow their profits at the expense of the workers.

    • doodledup@lemmy.world
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      1 month ago

      This is a phenomenon that’s literally thousands of years old. It’s just basic economics. If there was good competition, there wouldn’t be any price gauging. And that’s the regulator’s fault not the company’s. Americans want their free market, they get their free market. So stop complaining.

    • thejoker954@lemmy.world
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      1 month ago

      Yup, it’s just bullshit like trickle down economics.

      The only people being affected by inflation are the people who can’t afford to save money. (Which one of the points of inflation is to prevent money hording)

      The oligarchy hides most of their wealth in owning stuff and as such are unaffected.