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bucolic_frolic

(49,597 posts)
2. Inflation depends on private pricing power, and usually demand.
Thu Mar 20, 2025, 09:51 AM
Mar 20

Private pricing power i mean the owners of the goods. Maybe they don't care how much they sell so they could put high prices and just wait for suckers to buy. But usually there is demand. So they can raise prices until they don't sell. With food, it sells because people must eat.

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