Comment by 000ooo000
2 years ago
Yeah there was even a video compilation circulating (posted here IIRC) of recent earnings calls where the CEOs all said "blah blah great opportunity to increase prices". Surprising to read comments in here that seem to hold a sentiment along the lines of "companies are just doing what they gotta to get by".
You believe it is wrong to price products according to what the market will bear?
The market may not be able to in the long run. Credit card debt is at an all time high, because people still need to eat when grocery bills go up. https://www.cnbc.com/amp/2023/12/03/how-america-racked-up-a-...
Short-termism beats long again.
Don't think I said that