I’m not sure the data backs up what the Fed is claiming. Regardless, data doesn’t necessarily tell the whole story, and if you look only at numbers, figures, and ratios, your analysis is likely insufficient.
Well, let’s assess. Do you agree that businesses and companies exist primarily to make as much profit as possible? If so, wouldn’t you also agree that it therefore makes sense for companies to seek to maximize profits at every available opportunity?
I think it’s way more complicated than that, and that the article disagrees with your unsourced personal opinions. I had hoped you’d have some collection of well sourced articles backing up the simplistic assertion of “line goes up” meme that directly counters the specific data in the article, but unfortunately I see you do not have any reliable data to support your position, much less refute what is in the article. I don’t see this going anywhere.
It is, but I wasn’t claiming to be offering an all encompassing theory of the universe, I was offering a premise for my argument. Saying, “it’s complicated” is not a refutation of my premise.
Well, you’re entitled to your opinions, I’ll stick with the data.
I’m not sure the data backs up what the Fed is claiming. Regardless, data doesn’t necessarily tell the whole story, and if you look only at numbers, figures, and ratios, your analysis is likely insufficient.
I disagree entirely. I would counter that your unsourced personal opinion does not counter data.
Well, let’s assess. Do you agree that businesses and companies exist primarily to make as much profit as possible? If so, wouldn’t you also agree that it therefore makes sense for companies to seek to maximize profits at every available opportunity?
I think it’s way more complicated than that, and that the article disagrees with your unsourced personal opinions. I had hoped you’d have some collection of well sourced articles backing up the simplistic assertion of “line goes up” meme that directly counters the specific data in the article, but unfortunately I see you do not have any reliable data to support your position, much less refute what is in the article. I don’t see this going anywhere.
It is, but I wasn’t claiming to be offering an all encompassing theory of the universe, I was offering a premise for my argument. Saying, “it’s complicated” is not a refutation of my premise.
Price gouging is an illegal practice that should have been stopped by the state.
The state allowed it to happen despite the law.
The state is captured by the rent seekers.
Everything is working as intended?
Also a lot of price gouging happened with things like food and rent.