Inflation is inherent to capitalist greed. Prices are set by one group of people only, and that’s the employers (or capitalists, whatever you want to call them). Prices going up is because they choose to raise the price.
Don’t let them fool you. Raising the prices hurts their ‘customers’. They know that. But they will have a few tools to deal with that as well. They will say they don’t want to raise the prices, but they HAVE to, they are FORCED to (because their costs went up, or the governments taxes went up etc). They act as if they, the ones setting the prices, don’t have any influence over said prices. They act as if we, the common people, and them, the 1%, are somehow in the same boat and that these inflations just suddenly appear from nowhere. That’s not true. They set the demand and they set the price. If I sell toothbrushes and I want to make more profit, I produce less toothbrushes to create an artificial scarcity. I can then set my price higher in order to make more profits.
The number one reason why companies raise prices is simple. It’s to make more profits. If you raise the price you might sell fewer, but you sell fewer at a (much) higher price. It also means you have to buy less, you need less employess you have to pay. Oftentimes companies actually hold back in producing in order to set higher prices (hello oil companies).
Inflation is part of the class war between the proletariat and the bourgeoisie. It’s meant as a tool to squeeze whatever is possible from the proletariat for the benefit of the ruling class.
Don’t even for a second think the oil companies in this picture are seperated from the war and are sad about it. This war created a ‘shortage’ in oil which has been really helping the oil companies story about how they needed to raise the prices because of the war and oil shortages. It’s just to make more money. That’s all.
Inflation is inherent to capitalist greed. Prices are set by one group of people only, and that’s the employers (or capitalists, whatever you want to call them). Prices going up is because they choose to raise the price.
Don’t let them fool you. Raising the prices hurts their ‘customers’. They know that. But they will have a few tools to deal with that as well. They will say they don’t want to raise the prices, but they HAVE to, they are FORCED to (because their costs went up, or the governments taxes went up etc). They act as if they, the ones setting the prices, don’t have any influence over said prices. They act as if we, the common people, and them, the 1%, are somehow in the same boat and that these inflations just suddenly appear from nowhere. That’s not true. They set the demand and they set the price. If I sell toothbrushes and I want to make more profit, I produce less toothbrushes to create an artificial scarcity. I can then set my price higher in order to make more profits.
The number one reason why companies raise prices is simple. It’s to make more profits. If you raise the price you might sell fewer, but you sell fewer at a (much) higher price. It also means you have to buy less, you need less employess you have to pay. Oftentimes companies actually hold back in producing in order to set higher prices (hello oil companies).
Inflation is part of the class war between the proletariat and the bourgeoisie. It’s meant as a tool to squeeze whatever is possible from the proletariat for the benefit of the ruling class.
Don’t even for a second think the oil companies in this picture are seperated from the war and are sad about it. This war created a ‘shortage’ in oil which has been really helping the oil companies story about how they needed to raise the prices because of the war and oil shortages. It’s just to make more money. That’s all.
I too enjoy Twitter as my source for factual information
Not to be too much of a Debbie Downer.
we’ll need a really big wall for these vapid creatures
Inflation is just capitalist greed.
Yeah but they are up because of US foreign policy and incredible surge for demand. The greed should just be taken as a given.