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Corporations admit they don’t need to raise prices, but they do anyway.

Folks like to think that CEOs are efficient stewards of scarce resources. You learn in Econ 101 they’re just raising prices responding to supply shortages, to bring supply back in line with demand. But the truth is, that’s really a fiction. ​ If you don't already, you should be listening to the Ralph Nader Radio Hour. Can be found on YouTube as well as major podcast apps. This week they talk about how in shareholder conference calls, many corporations are essentially admitting that costs are going down, but they are using inflation to increase their prices just to make even more money when they don't need to. ​ https://www.ralphnaderradiohour.com/whats-really-driving-inflation-war-without-death/


Folks like to think that CEOs are efficient stewards of scarce resources. You learn in Econ 101 they’re just raising prices responding to supply shortages, to bring supply back in line with demand. But the truth is, that’s really a fiction.

If you don't already, you should be listening to the Ralph Nader Radio Hour. Can be found on YouTube as well as major podcast apps. This week they talk about how in shareholder conference calls, many corporations are essentially admitting that costs are going down, but they are using inflation to increase their prices just to make even more money when they don't need to.

https://www.ralphnaderradiohour.com/whats-really-driving-inflation-war-without-death/

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