Breaking Points
Krystal and Saagar explain how large corporations with significant market share in their industry are using the price hikes caused by inflation to further spike the prices of their products
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Um…. duh!
Supply and demand always means more profit when the supply is low and its a sellers market. Less product means less spent to sell it and less need to advertise it. High prices in some cases are our fault. Business is supposed to try and make money.
Great article. This is what exactly I was talking about. When media hype up inflation, it just gives the corporations more leverage to jack up prices. It's true inflation is here but media hype is fueling corporate profits.
This is why I love Amazon
Welcome to the fakeconomic system 👎
"inflation" is the big capitalist scam they sell you to charge more. this much has become abundantly clear. ohh the joys of capitalism.
Higher expenses push people back into the workforce. The government gave us a little money and they end up getting it all back and then some. They've also let illegals into the country because they want cheap labor.
Saagar Bandicoot at 1:14
The people need to boycott x-mas shopping. Only buy what's necessary and leave these corporations holding the product bag.
Boycott black Friday
Open a Roth IRA or some other investment fund as a x-mas present for your children. Don't buy any consumer goods.
Ah yes, the USA. A dystopia masquerading as THE first world country.
US economic and monetary policy is all a big grift.
Take the money from all the politicians
I have been telling people why I am boycotting a gas station chain because of the effects a monopoly-
I am always laughed at and have been told numerous times: "I don't care who owns it or where they get it as long as they have it when I want it"! (10 yrs ago)
A lot of people make a lot of money and do not care about how their spending adversely effects lower income people.
Another common comment: "it's not my fault they can't afford it" and " they should get a better job" and …..
(( the gas station has bought and torn down all independent stations in the >county<- other neighboring counties have had near same results— yet no one cares- so why are they going to care about any other monopoly; when the government can be blamed!!!))
I'm still the 'weirdo' that doesn't want to just take-take-take- I don't want it all; I want others to be part of community <3
When supply goes up. Prices go down. We’re dealing with alleged scarcity…
Americans and the world are screwed by inflation
since self checkout has become more popular, I get to decide how much my food bill is. I'm glad they are still able to make a profit since I haven't paid for porterhouses in like 3 years.
Hey Krystal! Citations would be nice when you’re throwing out these “quotes.”
God Damn Crooks
Please stop pretending the peanuts the people got is the govt spending problem. It was the largest wealth transfer in history we just didn't get any of it.
monopolies. it's easy to raise prices when you have little to no competition….
America had monopolies figured out a century ago with Antitrust legislation. Now we don't even see these snakes when they bite us. Lost wisdom replaced by unprecedented levels of corruption.
Price gouging is gross.
I like Saagar’s Modi phone!
Easy, easy solution– guillotines for ALL stockholders . Problem solved.
I have to raise my service prices to keep up with the times, but Sagar is right. There is always the little devil on your shoulder wondering if you could get more than you need.
Its so nice to see Krystal wearing sleeves and toning down the makeup. Her appearance makes it hard for me to concentrate on the subject at hand because my hormones and brain are at war on what to focus on!
It's kind of like glasses, they charge as much as people will pay and not what it is worth.
Are we supposed to be surprised that Walmart posted “better than expected earnings” when they were allowed to operate freely while their competitors were forcefully shut down?
At what point do we blame Wall Street? Nope, ya all making too much money. Lol.
You can institute corporate tax increases or economy-wide price controls, but this mutant-economy of monopoly and unchecked price-gouging is not capitalism. It's predation.
Did you all change the set?
Good story on inflation. Wonder when it’ll be picked up by others? Keep up the awesome work.
Everyone with a brain can see that coming
How you guys can talk about inflation and never once mention the Fed's balance sheet is beyond me.
Gotta pay for Nancy Waltons $300 million yacht
The CEO said nothing wrong. He is reassuring the share holders (his employer) that he can protect their investment and returns. That's not bragging. That's him doing his fiduciary duty.
"you are all making more profits". Clearly you are clueless what kind of stresses businesses are in. Perhaps you need to run a business for once to get some perspective.