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global1

(26,507 posts)
4. Companies Raised The Prices To Help The People Spend It Faster.....
Mon Feb 21, 2022, 11:53 AM
Feb 2022

Sure - there were real global supply issues due to the pandemic - but - there are also many manipulated and engineered supply shortages to create a reason for a company to raise its prices.

Under the cover of the real supply issues - there are unscrupulous businesses out there that are taking advantage of the situation.

Why? Because they can and that's what some companies do.

There was a lot of stimulus money floating around out there. A lot of it went to pay rent; the mortgage; fix the car; feed the kids; etc. You know the basic necessities that people had to live with because they didn't have an income coming in from their jobs.

Not a lot of people went out to buying frivolous items that they didn't need. They suffered from just about two years of sacrifice and people just wanted to experience some normal in their lives.

I don't think many people looked at the stimulus money as their standard of living went up.

I'm sorry - but this is just how I see this inflation thingy this time around. I believe the circumstances for inflation were different this time. I believe that many companies took advantage of the situation.



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