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Money and Finances
Reply to "Inflation: explain it to me like I'm 5"
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[quote=Anonymous]As an extra thought to what's already been written, i think businesses used to more frequently lower prices if things weren't selling. Now if something isn't selling or renting, they seem to be raising prices to makeup for it. Not selling enough hotel rooms at 150/night? Raise them to 200-250/night to offset costs. But now even less people can afford to go or shop there, OR spend additional money at that business while there, and the cycle continues. [/quote]
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