• Viking_Hippie@lemmy.world
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    8 个月前

    prices will go up when salaries go up

    Not necessarily, though. Sometimes salaries go up and prices go up. Sometimes salaries are stagnant and prices go up. Sometimes salaries go down and prices go up.

    Prices go up no matter what because corporations are never satisfied with obscene profits. Their shareholders demand MORE obscene profits every quarter, everything else be damned.

    • Anekdoteles
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      8 个月前

      Prices go up no matter what because corporations are never satisfied with obscene profits. Their shareholders demand MORE obscene profits every quarter, everything else be damned.

      It’s not about making profits. It’s about growing profits.

      • hydroptic@sopuli.xyz
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        8 个月前

        That’s what the person you’re respnding to said though?

        shareholders demand MORE obscene profits every quarter

    • The Menemen!@lemmy.world
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      8 个月前

      Also, prices have to go up as long as interest rates are not declared illegal.

      Personally I am very much in favour of declaring interests illegal.

    • Nightwatch Admin@feddit.nl
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      8 个月前

      Of course, you’re right. I guess what I’m trying to say is that if there is going to be a predictable rise in people’s money, prices will increase extra. If no other measures are taken, people will have no change in how much they can buy, and prices will probably go up months earlier than incomes too.