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mesk | 6 months ago

No, why should they, there are many concurents out there.

But! Once the prices go up because of some taxes, they never go as low as they were before. Thats no theory, thats life.

Say good bye, to the prices you see now, you will never see them again ;-)

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hopelite|6 months ago

There are many concurrents? How do you figure? There has never been as little choice and alternatives, let alone actual competition than today.

A few corporations control most of the food you eat, even less control the food you eat in restaurants. Very few media companies control the "content" you can consume and you cannot even own it, let alone sell or even trade it, and it seems everyone just pays more whether they keep raising their prices.

You own very little, are you getting happier?

WalterBright|6 months ago

> Thats no theory, thats life.

It's inflation, which is caused by deficit spending.

The US didn't have inflation before 1914.

tombert|6 months ago

That is measurably untrue and it took me about ten seconds of searching to find it. https://www.billmeridian.com/articles-files/inflation.htm and many others. Historically I know you tend to argue pretty dishonestly but this was pretty easy to find and so either you're lying or didn't bother doing any research past reading Ayn Rand.

Also, prices spiking up from incompetent threats of tariffs and not coming down are categorically different than regular inflation. This is obvious and shouldn't need to be explained to you.

ETA:

Just realized that the source for the one I posted was pretty dubious (Bill Meridian is apparently a "financial astrologer", whatever that means), so here's a more reputable one: https://northcarolinahistory.org/commentary/the-war-of-1812/