• AgreeableLandscape@lemmy.mlOP
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    3 years ago

    The point is that they’re using inflation as a cover to increase the prices of products beyond what would be needed to equalize the value after inflation, meaning they’ll be making more money overall after the increase.

    • Yujiri@lemmy.ml
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      3 years ago

      Increasing prices isn’t a one-way street to making more money. The amount of money you make is the price times the number you sell, and you sell less if the price is higher.