Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

  • jasory@programming.dev
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    11 months ago

    “Ignores greed”

    Greed is always a factor though, this isn’t a new variable to account for. All three categories you provided have a profit motive as the core factor, it’s simply in different layers.

    A real example of inflation that isn’t tied to an individuals desire to maximise their benefits from a transaction would be something like extracting an ore than becomes harder as the rich deposits are used up.