return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year ago"I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020boingboing.netexternal-linkmessage-square70fedilinkarrow-up1530
arrow-up1530external-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 · 1 year agomessage-square70fedilink
minus-squareKinglyWeevil@lemmy.dbzer0.comlinkfedilinkarrow-up4·1 year 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.