The complaints of inflation are insane.

[Joij21]

Are the margins for these firms increasing, decreasing, or staying the same?

Well if one makes one's wealth via investing shares (which I believe Hygro does) you don't exactly have a motive for being against big business and it's practices. Rather it becomes a don't ask don't tell as long as I get paid sort of relationship, followed up by denial of more serious allegations in case one is going long in the company accused.

 

[Hygro]

Circles it is then

I'm reiterating that this monopoly predates any supply shortages. It was already in place. The way you're phrasing it reads as the monopolistic behaviour is emergent. Maybe that's the confusion here.

What supply shortages in particular are you referencing?

There are firms who had great market advantage, but that doesn't make markets monopolistic. That just means they are large firms with the most leverage in competitive markets. If the markets were actually already actually monopolized, they would have already raised the prices and would not have been able to raise them beyond factor costs.

 

[Hygro]

Are the margins for these firms increasing, decreasing, or staying the same?

Increasing, corporate profitability is way up.

 

[Hygro]

Well if one makes one's wealth via investing shares (which I believe Hygro does) you don't exactly have a motive for being against big business and it's practices. Rather it becomes a don't ask don't tell as long as I get paid sort of relationship, followed up by denial of more serious allegations in case one is going long in the company accused.

I believe my "portfolio" is up about 2% over the past 2 years, so that's about $8.

I make my money from wages and not in finance. And not currently, I am collecting unemployment since January. But as a temporarily embarrassed millionaire you can assume the worst of me

 

[Joij21]

you can assume the worst of me

Hey there's nothing to be ashamed of for being an investor. It's not evil to be one contrary to those of a "left leaning" persuasion.

 

[Lexicus]

Increasing, corporate profitability is way up.

So would that not imply that they are increasing prices above what we would see if the firms were simply passing the prices of their inputs on to the consumer?

 

[Hygro]

So would that not imply that they are increasing prices above what we would see if the firms were simply passing the prices of their inputs on to the consumer?

That is my point, yes.

 

[Joij21]

So would that not imply that they are increasing prices above what we would see if the firms were simply passing the prices of their inputs on to the consumer?

Well what are you gonna do about it?

 

[Kaitzilla]

Greedflation certainly is rising in peoples' awareness.

‘We may be looking at the end of capitalism’: One of the world’s oldest and largest investment banks warns ‘Greedflation’ has gone too far

Albert Edwards, an economist at the 159-year-old investment bank Société Générale, says corporate greed may call for the unthinkable: Price controls.

fortune.com

 

[Lexicus]

That is my point, yes.

So then I suppose the follow-up question is, how much of the end-consumer price increases would be happening regardless of the supply problems?

 

[Hygro]

So then I suppose the follow-up question is, how much of the end-consumer price increases would be happening regardless of the supply problems?

The amount we saw before covid.

 

[Birdjaguar]

Well if one makes one's wealth via investing shares (which I believe Hygro does) you don't exactly have a motive for being against big business and it's practices. Rather it becomes a don't ask don't tell as long as I get paid sort of relationship, followed up by denial of more serious allegations in case one is going long in the company accused.

That is a a very poor generalization. “Investing in shares” can mean very different things. Tread carefully.

 

[Kaitzilla]

My $5 footlong from Subway cost $9 now.

So does my pizza from Little Caesars.

My bag of chips, $5.99 MSRP

Make it stop!

 

[Hygro]

Hey there's nothing to be ashamed of for being an investor. It's not evil to be one contrary to those of a "left leaning" persuasion.

I agree!

 

[Farm Boy]

The amount we saw before covid.

Gonna get them regulated. They've never been so profitable.

 

[Joij21]

That is a a very poor generalization. “Investing in shares” can mean very different things. Tread carefully.

Sorry your so easily offended!

 

[Birdjaguar]

Sorry your so easily offended!

I’m not offended at all. Over simplifying complex issues does everyone a disservice.

 

[Joij21]

I’m not offended at all. Over simplifying complex issues does everyone a disservice.

"Tread carefully", are you a venomous snake?

 

[Moriarte]

Well if one makes one's wealth via investing shares (which I believe Hygro does) you don't exactly have a motive for being against big business and it's practices. Rather it becomes a don't ask don't tell as long as I get paid sort of relationship, followed up by denial of more serious allegations in case one is going long in the company accused.

Friedrich Engels didn’t exactly have a motive to help worker movements. He was factory owner, worker exploiter, capitalist. And yet, he found it in him to be a financial sponsor and ideologist of early worker movements.

Exceptions are possible. So “the rule” (long investing -> denial of allegations) isn’t really the rule, but rather anecdotal description of unspecified % of people.

 

[Joij21]

Friedrich Engels didn’t exactly have a motive to help worker movements. He was factory owner, worker exploiter, capitalist. And yet, he found it in him to be a financial sponsor and ideologist of early worker movements.

Exceptions are possible. So “the rule” (long investing -> denial of allegations) isn’t really the rule, but rather anecdotal description of unspecified % of people.

Which just proves Engels was dumb for taking that kind of risk. By becoming such a radical he potentially destroyed his ability to further his business interests by suddenly becoming an enemy of major governments as well as other capitalists.

It's like joining ISIS, you know nothing good from it will come to you on a personal and individual level. Sacrifice of the self for a collective cause for people who are just as or perhaps more selfish and are using you as a foot soldier for their benefit at the cost of your own personal benefit is one of the biggest sucker plays a person can ever make.

Never be a sucker to someone else, just don't. And NEVER try to be a hero. You'll find a lot more disrespect by others if you do.