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We can’t let big corporate monopolies continue to choke off their competitors and contribute to inflation by jacking up prices just because they CAN!!

Razoo

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Nothing but the facts .......

Price fixing and price gouging are inappropriate. Deregulation makes no sense.
 

phoenix2020

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Nothing but the facts .......

Price fixing and price gouging are inappropriate. Deregulation makes no sense.
I appreciated the varied and generous details in your post, that gave us all some specific examples to noodle on.
 

Razoo

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Specific examples are everywhere ...... people just about everywhere are talking about it. Anything you buy.

And if one does not realize it that could be an indicator of owning too much money.......your paychecks must be inflated.
 

Bullseye

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Nothing but the facts .......

Price fixing and price gouging are inappropriate. Deregulation makes no sense.
Funny that those price highs came after Biden took office, huh? Pumping billions of dollars into the economy caused the inflation. Price hikes occurred because business costs rose as well. Regulation causes more gouging, BTW, buy creating artificial shortages.
 

EdwinWillers

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We can’t let big corporate monopolies continue to choke off their competitors and contribute to inflation by jacking up prices just because they CAN!!
Nothing but the facts .......

Price fixing and price gouging are inappropriate. Deregulation makes no sense.
Hear! Hear! I've had it and I'm going to put a stop to it.


There....


Done.
 

Greenbeard

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This has been remarked upon since before the pandemic, e.g., Why the US economy isn’t as competitive or free as you think
He crisply summarises the results: “First, US markets have become less competitive: concentration is high in many industries, leaders are entrenched, and their profit rates are excessive. Second, this lack of competition has hurt US consumers and workers: it has led to higher prices, lower investment and lower productivity growth. Third, and contrary to common wisdom, the main explanation is political, not technological: I have traced the decrease in competition to increasing barriers to entry and weak antitrust enforcement, sustained by heavy lobbying and campaign contributions.”

All this is backed up by persuasive evidence. Those prices of broadband access in the US are, for example, roughly double what they are in comparable countries. Profits per passenger for airlines are also far higher in the US than in the EU.

The analysis demonstrates, more broadly, that “market shares have become more concentrated and more persistent, and profits have increased.” Moreover, across industries, more concentration leads to higher profits. Overall, the effect is large: the post-tax profit share in US gross domestic product has almost doubled since the 1990s.
 

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The butterfly effect related to our fiat currencies.
Repeal the 16th and 17th amendments if you want to be able to make changes.
Otherwise, just accept constant inflation to be a way of life.
 
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