• Omega@lemmy.world
    link
    fedilink
    arrow-up
    16
    arrow-down
    2
    ·
    6 months ago

    Public demand and competition drove prices down. Since Covid reset prices, and stockholders demand growth, companies will continue to price gouge until customers say it’s enough.

    This is just what capitalism looks like.

    • PopOfAfrica@lemmy.world
      link
      fedilink
      arrow-up
      20
      ·
      6 months ago

      The problem is where things are getting the most expensive, that being food and housing, the markets are captured. You can’t just say no to having food and housing.

      This is where regulation is supposed to step in.

      • iopq@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        6 months ago

        Food tracks the general inflation closely, it hasn’t actually gone up faster than the inflation in any meaningful way