spaduf@slrpnk.net to News@lemmy.world · 9 months ago‘Greedflation’ study finds many companies were lying to you about inflationfortune.comexternal-linkmessage-square13fedilinkarrow-up126arrow-down10
arrow-up126arrow-down1external-link‘Greedflation’ study finds many companies were lying to you about inflationfortune.comspaduf@slrpnk.net to News@lemmy.world · 9 months agomessage-square13fedilink
minus-squareRediphile@lemmy.calinkfedilinkarrow-up0·9 months agoI just don’t understand why they lie about it at all? To avoid losing long term customers? Raising the price of goods to increase profits isn’t illegal. It’s just risky for the business if they lose customers to other places with lower prices.
minus-squareEmperorHenry@discuss.tchncs.delinkfedilinkarrow-up1·9 months agoAnd the damnedest thing is that every corpo does it. So we literally have no choice but to pay higher and higher prices.
I just don’t understand why they lie about it at all? To avoid losing long term customers?
Raising the price of goods to increase profits isn’t illegal. It’s just risky for the business if they lose customers to other places with lower prices.
And the damnedest thing is that every corpo does it. So we literally have no choice but to pay higher and higher prices.