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ancianita

(43,307 posts)

18. Doesn't Intel make video graphics cards?

Reply to cstanleytech (Reply #16)

Fri Nov 12, 2021, 11:27 AM

Nov 2021

I recall they were the first, then my son investing in AMD, their competitor.

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Robert Reich: The Real Cause of Current Inflation Is Corporate Power [View all] kpete Nov 2021 OP

Yes, but it is partly about paying for higher wages, you knew consumers would pay eventually bucolic_frolic Nov 2021 #1

True, but ... Martin Eden Nov 2021 #13

Wages increasing at 1/10s of a percent does not correlate with 6%-8% inflation. Probatim Nov 2021 #20

Well yes it does bucolic_frolic Nov 2021 #21

Does that also mean those making $30-$60/hour also saw 25%-35% wage increases? Probatim Nov 2021 #24

I didn't say it did, that was your extrapolation or assumption bucolic_frolic Nov 2021 #32

Boy, do I disagree with Reich on this. The inflation that we are experiencing is a direct result JohnSJ Nov 2021 #2

Believe "supply & demand" capitalism had a hand in there also. KS Toronado Nov 2021 #3

Yes, It is about supply and demand, and the pandemic is directly related to that and the JohnSJ Nov 2021 #5

Pay employees a living wage, bring down prices through the asiliveandbreathe Nov 2021 #4

Consumers are being gouged across all sectors, from food to transportation to housing dalton99a Nov 2021 #6

In reality it is the oligarchs' market not the so called free market malaise Nov 2021 #7

Oh! I like that ... Oligarch's Market bucolic_frolic Nov 2021 #8

Precisely malaise Nov 2021 #9

This message was self-deleted by its author malaise Nov 2021 #10

Maybe I'm just paranoid because of wnylib Nov 2021 #12

Paranoid? Not so much. Mr. Evil Nov 2021 #19

You mean like they did here malaise Nov 2021 #28

It's like the corporate media and wnylib Nov 2021 #39

You hit the nail on the head! pandr32 Nov 2021 #25

Should have written Oligarchs' Market malaise Nov 2021 #26

He's right. Every step of the monopolists' marketnot, it's pricing, keeping it high as possible ancianita Nov 2021 #11

Yup. wnylib Nov 2021 #14

Nvidia and AMD are good examples of what happens when your options are limited because cstanleytech Nov 2021 #16

Doesn't Intel make video graphics cards? ancianita Nov 2021 #18

They announced that they are sticking their toes into it but cstanleytech Nov 2021 #38

I think that Naomi Klein had it right HighFired49 Nov 2021 #27

Yes, she did, and yes, they do! Capitalists worsen disasters effects if that will raise profits. ancianita Nov 2021 #37

Very true. nt cstanleytech Nov 2021 #15

Economics is easy. hunter Nov 2021 #17

They screamed about mere possibility of a public option in healthcare. Ligyron Nov 2021 #31

A perfect example of this lack of competition is the meat packing industry SmittyWerben Nov 2021 #22

Ok. But why did they wait till 2021? fescuerescue Nov 2021 #23

And maybe the "pandemic" excuse. moondust Nov 2021 #29

Cronyism and collusion at it's worst. nt live love laugh Nov 2021 #30

Anybody remember Nixon's "wage and price controls "? Ligyron Nov 2021 #33

Typical garbage take from RR. The prices for the last 2 decades have been historically stable mathematic Nov 2021 #34

Price gouging and they are using it to block an increase in the federal minimum wage. ShazamIam Nov 2021 #35

OPEC cartel controls oil supply IronLionZion Nov 2021 #36