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Isn't Greedflation just inflation with different people profitting?
  • Yes and no. It’s basically just super complicated and we don’t know how much is each factor. But I would highly doubt that part of the rising costs is not also just because people are still willing to pay.

    At the end of the day it’s supply and demand. And that fluctuates based on so many different things.

    Interest rates being low and money being easy to borrow creates higher demand and will in part cause prices to increase.

    Supply chain shortages create massive demand spikes that can have massive effects on pricing of certain products as the supply chain tries to stabilize.

    The FED can employ quantitative easing to increase money supply and liquidity, which adds to inflation, but increases economic growth (Theoretically).

    Or they can use quantitative tightening to reduce money supply and lower demand, slow growth etc.

    Lastly companies understand how normalized inflation has become and can increase what they charge even if their cost of goods isn’t moving significantly. So there is certainly some degree of this happening.

    Hopefully the market will re-adjust as profit margins change and consumers spending habits fully adjust to the market.

    Basically if everyone re-evaluates what and how they are purchasing, the market has to adjust. If you buy the products you prefer at the inflated cost, companies are not going to lower prices. If you buy budget or off brand items where you can, they will be forced to change their strategy to compete.

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    Yale professor: Biden's economy most successful since FDR's New Deal
  • How about repealing the Glass-Steagall act under Clinton? You cant look at things in a vacuum because impact from policy is delayed. 2008 didn’t happen because Bush signed one or two documents, it was decades of policy and corruption. Saying “The only president you know” seems quite unfair. Regardless if you think Trump is a shit-bag or not.

  • If you have really bad tinnitus, you can use your iPhone and Airpods Pro to get some relief.
  • Contrary to popular belief people like headphones. Even so this person is suggesting using the Airpods while you are moving around and interacting with people and to just have the slight background noise to help. I love my AirPods Pro’s. They have exceptional sound quality and the noise canceling mode is pretty amazing. Can we let people enjoy/be excited about things?

  • A fight erupts in U.S. housing market as deteriorated affordability clashes with the 'lock-in effect'
  • 2008 saw the unprecedented approval of loans, but also there were a LOT of adjustable or variable rate mortgages. So as rates increased sharply, people all of a sudden were deep under water. At least here they still have low rates. even if it is on a higher priced house, their payments won’t be getting worse.

    But yes housing prices are out of control. People are starting to feel it, and it could very quickly go wrong for people. People even have crazy high loans on used cars. Going to be very interesting how it plays out.

  • why are words like Rape and fuck only censored with one letter being omitted?

    Iv seen posts with people substituting rape with r@pe. Other than bypassing filters I can’t see a reason to censor just 1 letter that doesn’t actually censor the word? I see if you fully censor the word, but even still context completely ruins the censorship.

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    InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)EM
    EmperorGormet @lemmy.world
    Posts 6
    Comments 39