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User Panel
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Posted: 12/13/2023 8:32:03 AM EST
[#1]
Why do I feel like an organization called “Common Wealth” might have a desired outcome before doing the study?
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Posted: 12/13/2023 8:32:58 AM EST
[#2]
Lol.
https://www.common-wealth.org/ We live in a time of overlapping challenges: concentrated corporate power, rising inequalities, a broken housing system, unaccountable control over our technological futures, creaking public services, a devalued care system, attacks on working people — all unfolding within a deepening climate and nature emergency. We believe these challenges share a common root: ownership. Common Wealth was founded in 2019 based on the insights that ownership is the structuring force in our economy and that current relations of property and power are social in origin — and therefore can and must be reimagined. Working at all levels from community and grassroots groups to national and international policymakers, we combine rigorous analysis and research with bold ideas for an economy that works for everyone |
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Posted: 12/13/2023 8:36:36 AM EST
[#3]
News Flash: Businesses will charge whatever price the market will bear. They know when it's too high when people stop buying their products.
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Posted: 12/13/2023 8:38:15 AM EST
[#4]
Class action lawsuits coming in 3, 2, 1 ..
"Bentley & McLaren sales outpace production 10:1 as class action lawyers line up with fists full of cash. A lawyer speaking off the record said he was a public defender turned class action ho and made his fortune after handing out discount tuna fish coupons to his clients." |
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Posted: 12/13/2023 8:39:35 AM EST
[#5]
Once that first domino falls with price increases the rest of them just fall in line and round and round it goes with that vicious cycle.
Oil goes up, then everything will follow with wage increases bringing up the rear and strikes by unions. |
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Posted: 12/13/2023 8:40:07 AM EST
[#6]
Quote HistoryQuoted: Lol. https://www.common-wealth.org/ We live in a time of overlapping challenges: concentrated corporate power, rising inequalities, a broken housing system, unaccountable control over our technological futures, creaking public services, a devalued care system, attacks on working people — all unfolding within a deepening climate and nature emergency. We believe these challenges share a common root: ownership. Common Wealth was founded in 2019 based on the insights that ownership is the structuring force in our economy and that current relations of property and power are social in origin — and therefore can and must be reimagined. Working at all levels from community and grassroots groups to national and international policymakers, we combine rigorous analysis and research with bold ideas for an economy that works for everyone 
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Posted: 12/13/2023 8:41:04 AM EST
[#7]
Who am I to ask the C-Suite to take less in their annual bonuses so that I may have more money in my pocket? Is that not what coupons and BOGO’s are for?
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Posted: 12/13/2023 8:41:14 AM EST
[#8]
What utter bullshit. Capitalists are charging what the market will bear? Gasp
Shock. Surprise. |
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Posted: 12/13/2023 8:41:15 AM EST
[#9]
The single biggest benefactor of inflation is whom? The think tanks above seem to forget big government drives, and benefits from, inflation.
If you are a corp looking at at least 3 years of 20% inflation how would you structure your prices for comany success? Hint, you wouldn't raise prices 20%. In the future you still have to plan for things like capital costs and other unknown liabilities. |
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Posted: 12/13/2023 8:41:20 AM EST
[#10]
Maybe they are right, I don't know. I do have a partial understanding of leftist though and they will blame everyone other than themselves.
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Posted: 12/13/2023 8:42:28 AM EST
[#11]
Quote HistoryQuoted: News Flash: Businesses will charge whatever price the market will bear. They know when it's too high when people stop buying their products. +1 |
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Posted: 12/13/2023 8:42:51 AM EST
[#12]
Quote HistoryQuoted: Lol. https://www.common-wealth.org/ We live in a time of overlapping challenges: concentrated corporate power, rising inequalities, a broken housing system, unaccountable control over our technological futures, creaking public services, a devalued care system, attacks on working people — all unfolding within a deepening climate and nature emergency. We believe these challenges share a common root: ownership. Common Wealth was founded in 2019 based on the insights that ownership is the structuring force in our economy and that current relations of property and power are social in origin — and therefore can and must be reimagined. Working at all levels from community and grassroots groups to national and international policymakers, we combine rigorous analysis and research with bold ideas for an economy that works for everyone FORWARD COMRADE! |
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Posted: 12/13/2023 8:43:49 AM EST
[#13]
Quote HistoryQuoted: Maybe they are right, I don't know. I do have a partial understanding of leftist though and they will blame everyone other than themselves. And NEVER the God-State. |
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Posted: 12/13/2023 8:49:28 AM EST
[#14]
When you see a list of "driving factors of inflation", or whatever phrase gets used, it never includes govt/central bank inflating the money supply.
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Posted: 12/13/2023 8:51:00 AM EST
[#15]
Quote HistoryQuoted: Lol. https://www.common-wealth.org/ We live in a time of overlapping challenges: concentrated corporate power, rising inequalities, a broken housing system, unaccountable control over our technological futures, creaking public services, a devalued care system, attacks on working people all unfolding within a deepening climate and nature emergency. We believe these challenges share a common root: ownership. Common Wealth was founded in 2019 based on the insights that ownership is the structuring force in our economy and that current relations of property and power are social in origin and therefore can and must be reimagined. Working at all levels from community and grassroots groups to national and international policymakers, we combine rigorous analysis and research with bold ideas for an economy that works for everyone |
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Posted: 12/13/2023 8:51:02 AM EST
[#16]
Corporations are no more your friend than gov is.
They both see you as sheep to be sheered . If you have $100 left over at then end of the week, they both believe that taxes and prices are too low. |
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Posted: 12/13/2023 8:55:26 AM EST
[#17]
You could not buy it
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Posted: 12/13/2023 8:58:41 AM EST
[#18]
Quote HistoryQuote HistoryQuoted: Quoted: Lol. https://www.common-wealth.org/ We live in a time of overlapping challenges: concentrated corporate power, rising inequalities, a broken housing system, unaccountable control over our technological futures, creaking public services, a devalued care system, attacks on working people — all unfolding within a deepening climate and nature emergency. We believe these challenges share a common root: ownership. Common Wealth was founded in 2019 based on the insights that ownership is the structuring force in our economy and that current relations of property and power are social in origin — and therefore can and must be reimagined. Working at all levels from community and grassroots groups to national and international policymakers, we combine rigorous analysis and research with bold ideas for an economy that works for everyone https://i.imgflip.com/490as2.jpg Not saying the guys conducting the study didn’t have an agenda but that doesn’t mean they are wrong. The reason I heard most about rising prices was difficulty sourcing components. In the next sentence they were reducing production to maintain pricing. I don’t remember very many announcements of lower profits that didn’t include a write off of some sort or labor dispute. If rising costs were the reason for price increases, shouldn’t the profit margin remain the same? There were many industries that reported all time highes with profit. This was all part of the turning the screws to America. What was the saying..”we’re all in this together.” |
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Posted: 12/13/2023 9:03:47 AM EST
[#19]
Fucking BS
There's only one source of inflation : government "There is one and only one basic cause of inflation: too high a rate of growth in the quantity of money—too much money chasing the available supply of goods and services. These days, that cause is produced in Washington, proximately, by the Federal Reserve System, which determines what happens to the quantity of money; ultimately, by the political and other pressures impinging on the System, of which the most important are the pressures to create money in order to pay for exploding Federal spending and in order to promote the goal of “full employment.” All other alleged causes of inflation—trade union intransigence, greedy business corporations, spend-thrift consumers, bad crops, harsh winters, OPEC [Organization of Petroleum Exporting Countries] cartels and so on—are either consequences of inflation, or excuses by Washington, or sources of temporary blips of inflation." - Milton Friedman |
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Posted: 12/13/2023 9:05:12 AM EST
[#20]
Bullshit................. my input costs are up 25-30% across the board and I have raised my prices less than 20% in a small margin industry. It was tight before, now even more so. Also, we are expanding into the downturn. Hoping for a bit of a deflationary period. TT
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Posted: 12/13/2023 9:05:57 AM EST
[#21]
Yet another story where the conclusion was decided before the 'story' was written.
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Posted: 12/13/2023 9:06:56 AM EST
[#22]
The company has an obligation to make money for the shareholders and owners. The only obligation to the customer is to give them what they want at a price they will pay.
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Posted: 12/13/2023 9:08:32 AM EST
[#23]
Quote HistoryQuoted: Bullshit................. my input costs are up 25-30% across the board and I have raised my prices less than 20% in a small margin industry. It was tight before, now even more so. Also, we are expanding into the downturn. Hoping for a bit of a deflationary period. TT This is pretty much where I am with our two manufacturing businesses. I dont doubt you could cherry pick some companies or even translate their reports to get the answer you want though. However, I dont think it is the norrm. These are strange times. |
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Posted: 12/13/2023 9:09:52 AM EST
[#24]
Quote HistoryQuoted: Why do I feel like an organization called “Common Wealth” might have a desired outcome before doing the study? Piling onto that, they noticed a difference between the official inflation rate and what companies were charging, and concluded it must be due to the companies lying?? Companies do lie, but to hell with those leftist pieces of shit. Lol. You know, at least in the Soviet Union, you got the satisfaction of (eventually) reading about assholes like this---Yagoda, Vyshinsky, Beria---being eaten by the same machine they spend time supporting. |
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Posted: 12/13/2023 9:10:01 AM EST
[#25]
"Greedflation" is a dumb ass term.
Every seller always charges as much as they nearly 100% of the time. Every buyer always tries to pay the least they can nearly 100% of the time. Sellers charging higher prices because of more money chasing fewer goods is just "inflation". Not "greedflation", just regular old "inflation". |
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Posted: 12/13/2023 9:10:14 AM EST
[#26]
Quote HistoryQuoted: Corporations are no more your friend than gov is. They both see you as sheep to be sheered . If you have $100 left over at then end of the week, they both believe that taxes and prices are too low. Yup. As capitalists ourselves we should seek any means to lower the price of goods and services to our benefits as well. |
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Posted: 12/13/2023 9:10:21 AM EST
[#27]
Quoted: A joint study by think tanks IPPR and Common Wealth found profiteering by some of the world's biggest companies forced prices up significantly higher than costs during 2022. UK commie propaganda outlets. Can be safely ignored. In fact, they are the same thing, "Common Wealth" are all ex-IPPR people. |
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Posted: 12/13/2023 9:10:44 AM EST
[#28]
Of course it’s no fault of the bidet regime
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Posted: 12/13/2023 9:11:03 AM EST
[#29]
Quote HistoryQuoted: The single biggest benefactor of inflation is whom? The think tanks above seem to forget big government drives, and benefits from, inflation. If you are a corp looking at at least 3 years of 20% inflation how would you structure your prices for comany success? Hint, you wouldn't raise prices 20%. In the future you still have to plan for things like capital costs and other unknown liabilities. Debtors. Debtors benefit the most from inflation. Who is the biggest debtor around? Yeah.... |
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Posted: 12/13/2023 9:11:28 AM EST
[#30]
FJB caused energy prices to spike not any war.
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Posted: 12/13/2023 9:12:14 AM EST
[#31]
Quote HistoryQuoted: I mean, they're not wrong on anything in the bolded part. But I'm sure they wrongly ascribe the causes and solutions. That is how commies operate. Take a seed of truth and then grow it into the mutated version of reality they use to manipulate people. |
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Posted: 12/13/2023 9:15:55 AM EST
[#32]
Quote HistoryQuoted: News Flash: Businesses will charge whatever price the market will bear. They know when it's too high when people stop buying their products. Unless that product is healthcare. Apparently they don't care when people can't afford their product anymore. |
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Posted: 12/13/2023 9:16:55 AM EST
[#33]
Quote HistoryQuoted: Unless that product is healthcare. Apparently they don't care when people can't afford their product anymore. Quote HistoryQuoted: Quoted: News Flash: Businesses will charge whatever price the market will bear. They know when it's too high when people stop buying their products. Unless that product is healthcare. Apparently they don't care when people can't afford their product anymore. Somebody is affording it. I've not seen too many hospitals with doctors just milling around waiting for a patient to show up. |
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Posted: 12/13/2023 9:18:26 AM EST
[#34]
Quote HistoryQuoted: Why do I feel like an organization called “Common Wealth” might have a desired outcome before doing the study? MFFPNI |
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Posted: 12/13/2023 9:19:22 AM EST
[#35]
So much BS.
The runaway inflation was a direct result of Covid policies. 1) lockdowns caused an over 40% reduction in oil demand. Oil production plummeted. Post-lock-down supply shortage cause huge spike in oil price. 2) lockdowns prevented production and caused supply shortages across virtually all products. 3) Runaway government spending (PPP loans, stimulus checks, vaccine efforts) increased the money supply over 40% in 2 years. That is currency debasement on a scale we have never experienced before. None of this had anything to do with Russia invading Ukraine or corporate greed. |
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Posted: 12/13/2023 9:19:38 AM EST
[#36]
Affording it? I think this is where we can agree the millennials seem to always be able to afford their $18 lattes.
Maybe they are the cause. 
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Posted: 12/13/2023 9:20:10 AM EST
[#37]
IMO municipalities love higher prices on goods sold. Increase the price of a product and the sales tax increases so the municipality collects more revenue
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Posted: 12/13/2023 9:21:01 AM EST
[#38]
Did profits really increase if money was worth less?
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Posted: 12/13/2023 9:22:29 AM EST
[#39]
Jesus. Where's Reardon when you need hm?
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Posted: 12/13/2023 9:22:56 AM EST
[#40]
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Posted: 12/13/2023 9:34:08 AM EST
[#41]
Quote HistoryQuoted: Did profits really increase if money was worth less? Commies look at profits in dollars, ignoring that they devalued that dollar by 40%. As a percentage of gross revenue, profits have not gone up. Leftists have just done a great job of convincing people it's not the government's fault for making their dollars worth less. |
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Posted: 12/13/2023 9:35:29 AM EST
[#42]
Quote HistoryQuoted: Not saying the guys conducting the study didn’t have an agenda but that doesn’t mean they are wrong. The reason I heard most about rising prices was difficulty sourcing components. In the next sentence they were reducing production to maintain pricing. I don’t remember very many announcements of lower profits that didn’t include a write off of some sort or labor dispute. If rising costs were the reason for price increases, shouldn’t the profit margin remain the same? There were many industries that reported all time highes with profit. This was all part of the turning the screws to America. What was the saying..”we’re all in this together.” I think the point of dispute here is in the “what do we do about it”. The one side says “nothing by the glove and let consumers stop buying it”. The other side says “we need some socialism or communism to fix this”. What this sort of news does, however, is drive the narrative that companies can afford to pay a “living wage” and not raise prices. And enough people will feel squeezed enough at the point of sale to say “you know what, F them companies”. Now, imagine a world where a corporation agrees to maintain an X% profit margin over costs, plus to adhere to a whole host of leftist regulatory compliances in return for the .gov guaranteeing a bailout if the company gets into financial trouble. Too big too fail is what we’ve already seen. Imagine Too Compassionate To Fail. |
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Posted: 12/13/2023 9:44:52 AM EST
[#43]
Heaven forbid a corporation that MUST make a profit to survive prices their goods to make a profit.
I suppose all those workers that turn the wheels to produce shit shoud just donate their time for The Greater Good (tm). |
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Posted: 12/13/2023 9:46:32 AM EST
[#44]
Any article about inflation that does not bring up quantitative easing is immediately suspect.
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Posted: 12/13/2023 9:46:57 AM EST
[#45]
End bancos los federales before bancos los federales ends you. Say no to SeeBeeDeeSee to break their power over money. They pick the winners and the losers and keeping them in power only means your heirs will be in bondage. |
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Posted: 12/13/2023 9:47:36 AM EST
[#46]
Quote HistoryQuoted: News Flash: Businesses will charge whatever price the market will bear. They know when it's too high when people stop buying their products. This guy should teach economics! He gets it! |
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Posted: 12/13/2023 9:47:58 AM EST
[#47]
Why wouldn't they go up? You've got to make more to stay in business during the long and totally unnecessary government forced shut downs.
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Posted: 12/13/2023 9:50:47 AM EST
[#48]
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Posted: 12/13/2023 9:52:16 AM EST
[#49]
Quote HistoryQuoted: Debtors. Debtors benefit the most from inflation. Who is the biggest debtor around? Yeah.... Not only the biggest debtor, but the first in line to benefit from the increase in the money supply. Then it rolls down from there, mostly benefitting what Adam Smith called, "prodigals and projectors". |
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Posted: 12/13/2023 9:52:19 AM EST
[#50]
Quote HistoryQuoted: Somebody is affording it. I've not seen too many hospitals with doctors just milling around waiting for a patient to show up. Quote HistoryQuoted: Quoted: Quoted: News Flash: Businesses will charge whatever price the market will bear. They know when it's too high when people stop buying their products. Unless that product is healthcare. Apparently they don't care when people can't afford their product anymore. Somebody is affording it. I've not seen too many hospitals with doctors just milling around waiting for a patient to show up. No, they are paying for it. Doesn't mean they can afford it. |
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