Late Stage Capitalism@lemmygrad.mlEnglish · 2 years ago

"How to survive inflation" from Canada's State broadcaster

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"How to survive inflation" from Canada's State broadcaster

www.youtube.com

Marxism-Fennekinism@lemmy.ml to

Late Stage Capitalism@lemmygrad.mlEnglish · 2 years ago

How to survive inflation (Marketplace)

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The cost of living is higher than it’s been in 40 years. As prices go up, consumers are often paying more for less — sometimes without even realizing it. In ...

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2 years ago
Yea pretty much. If businesses are exposed to circumstances that makes them think they they can get away with increasing profits, they will.

So increased velocity of money, richer customers, more demand for their products, etc. will all contribute to that decision.

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