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jmcgough on March 19, 2024 | parent | context | favorite | on: America's economy has escaped a hard landing

Corporations have record profits right now. When a handful raised prices, every other company raised prices in response, well above what they needed to pay for increased costs. https://finance.yahoo.com/news/greedflation-caused-more-half...

nradov on March 19, 2024 [–]

Costs have almost nothing to do with pricing. Companies will charge as much as they can. Always have, always will.

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