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Comment by lamontcg

2 years ago

I feel like I'm going crazy reading this stuff.

Inflation is always greedflation. There's more money chasing less stuff so they hike up the prices on the stuff to capture as much money as possible, and that is inflation. That is capitalism with an inelastic demand curve.

If there were more goods and more competition then prices would lower.

They're always greedy, and if you keep spending they keep raising prices.