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EarthAmbassador | 1 year ago

What nonsense is this? The St. Louis Federal Reserve documented most inflation was due to profit seeking (gouging), not QE—that’s right wing libertarian drivel.

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dismalaf|1 year ago

Profit seeking is normal behaviour. The economic system normally keeps it in check through competition. If it's not kept in check it's because of the economic conditions.

peterpost2|1 year ago

I've not seen the economic system keeping it in check through competition in my lifetime and I don't think it did historically.