While the labels give retailers the ability to increase prices suddenly, Gallino doubts companies like Walmart will take advantage of the technology in that way. “To be honest, I don’t think that’s the underlying main driver of this,” Gallino said. “These are companies that tend to have a long-term relationship with their customers and I think the risk of frustrating them could be too risky, so I would be surprised if they try to do that.”
How to tell if an academic doesn’t get out enough.
Inflation is largely not a problem, corporate price gouging accounts for the bulk of increases. Price gouging increases are an enormous fucking problem for people. Calling it inflation is their script, don’t adopt their language.
Consolidation or competitors that has been allowed almost unabated the last 25 years exacerbates the effects.
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How to tell if an academic doesn’t get out enough.
Probably the same guy that says inflation is “not a problem/getting better/under control”.
Are these people just available for hire by the media? Are they like professional witnesses for “two sides” reporting?
Inflation is largely not a problem, corporate price gouging accounts for the bulk of increases. Price gouging increases are an enormous fucking problem for people. Calling it inflation is their script, don’t adopt their language.
Consolidation or competitors that has been allowed almost unabated the last 25 years exacerbates the effects.