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Reply to "Price gouging as her first policy announcement? Really? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Food and Grocery companies are not price gouging and aren't getting rich, the cost of these things have gone up. The only real price gouging is contractors doing work on houses of that is because of govt regulations subsidizing home repairs and renovations for energy savings. So it's short sighted to go after grocery stores when its deeper than that.[/quote] The food and grocery industry have been making huge profits. They started jacking prices up during the pandemic, initially due to supply chain issues, but as the supply chain issues were resolved, they continued jacking up prices and increasing their profit margins. They very much are gouging. https://qz.com/supermarket-prices-grocery-food-inflation-pandemic-1851369826[/quote] Because consumers have too much money, dimwit. Companies keep raising prices yet demand is barely dented. Companies will stop raising prices once consumers stop buying yet consumers don’t stop buying. You fail to ask the fundamental question of why do consumers have so much stamina for these price increases? That’s because they’re too flush with cash due to the trillions of dollars the govt printed and spent with stimulus injections into the economy. You think all those stimi checks, extensions of unemployment that were paying people more than they made at their jobs, student loan repayment moratoriums, rent moratoriums, and billions handed out to states to spend have no consequences and are free money? The piper must be paid and it comes in the form of inflation. [/quote] WTF is wrong with you? Is your brain stunted? Are you stuck in 2020? All of those things you're talking about are from the pandemic. Biden ENDED the Trump "stimmy checks" and most of those other things ended as well, A COUPLE OF YEARS AGO.[/quote] You are dumb a S. Biden signed stimi checks and spent over $1 TRILLION in more stimulus. Do you truly have that short term of a memory? Truly shocking. Biden is also the one who prolonged rent moratoriums and student loan repayment moratoriums. All of that money and savings from not having to pay bills takes years to flush out. That’s why consumer demand has remained strong even in the face of rising prices. There’s too much free money in the economy that has caused a diabetic sugar rush[/quote]
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