return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 11 months ago"I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020boingboing.netexternal-linkmessage-square80fedilinkarrow-up1524arrow-down114cross-posted to: personalfinance@lemmy.ml
arrow-up1510arrow-down1external-link"I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020boingboing.netreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 11 months agomessage-square80fedilinkcross-posted to: personalfinance@lemmy.ml
minus-squareKinglyWeevil@lemmy.dbzer0.comlinkfedilinkarrow-up4·11 months agoWhen every industry and consumer goods producer is a monopoly, market competition no longer exists so prices don’t really effect demand. Especially for inelastic goods like gas or food.
When every industry and consumer goods producer is a monopoly, market competition no longer exists so prices don’t really effect demand. Especially for inelastic goods like gas or food.