return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 10 months ago"I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020boingboing.netexternal-linkmessage-square44fedilinkarrow-up1517arrow-down114cross-posted to: personalfinance
arrow-up1503arrow-down1external-link"I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020boingboing.netreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 10 months agomessage-square44fedilinkcross-posted to: personalfinance
minus-squareKinglyWeevil@lemmy.dbzer0.comlinkfedilinkarrow-up4·10 months agoWhen every industry and consumer goods producer is a monopoly, market competition no longer exists so prices don’t really effect demand. Especially for inelastic goods like gas or food.
When every industry and consumer goods producer is a monopoly, market competition no longer exists so prices don’t really effect demand. Especially for inelastic goods like gas or food.