this post was submitted on 05 Jan 2024
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One hell of a condensing (lemmy.world)
submitted 2 years ago by Stamets@lemmy.world to c/whitepeopletwitter@sh.itjust.works
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[–] Saledovil@sh.itjust.works 6 points 2 years ago (1 children)

The problem with that argument is that prices can't be raised indefinitively without negatively impacting revenue. If prices go up, demand goes down. So, yeah, basically all arguments that increased costs get handed off to consumers are flawed, if a business can increase its profit by raising prices, they are going to do so sooner or later, anyway. They might wait for an excuse to do so, but even then they won't wait forever.