Yeah that’s why companies keep getting a bigger piece of the pie. See also. And, you know, there’s all the price gouging and fixing. That aside, “basic economic factors” include corporate greed, since mainstream economic theory assumes that individuals are acting to maximize their own profits with perfect information and complete disregard for anyone but themselves. This describes most people badly, but it’s a decent fit for greedy assholes with access to resources. Think what this means for your average company.
If they could think they wouldn’t be posting slop from the chamber of commerce as if it would persuade anyone who’s got a third braincell rolling around in their head.
Yeah that’s why companies keep getting a bigger piece of the pie. See also. And, you know, there’s all the price gouging and fixing. That aside, “basic economic factors” include corporate greed, since mainstream economic theory assumes that individuals are acting to maximize their own profits with perfect information and complete disregard for anyone but themselves. This describes most people badly, but it’s a decent fit for greedy assholes with access to resources. Think what this means for your average company.
Also the explanations convenient ignorance of global inflation versus how the US Fed reaction actually outperformed most other countries.
If they could think they wouldn’t be posting slop from the chamber of commerce as if it would persuade anyone who’s got a third braincell rolling around in their head.