Quote from: bryant.coleman on Today at 01:42:11 PM

Quote from: dongyi17 on Today at 12:47:34 PM

I think the inflation because of pandemic, the price increase, food, services, and other needs for living everyday. And I also think why the prices increase is to get their losses from previous year, that is business they are only thinking is to get profit.

Nope.. I don't think that the businesses are responsible. With so much competition, it is virtually impossible for the businesses to overcharge. The problem is with the governments. Now they got the justification in terms of the pandemic and no one will question them if they print unlimited amounts of banknotes. The US government has announced additional spending plans worth $6 trillion. The other countries are likely to follow the example. It is a once in a lifetime opportunity for the politicians to steal trillions of USD from the public exchequer. And hyperinflation will be one of the several consequences that result from this robbery.

Business' are a bit of a responsible for the increase in price, but it is mostly the people who run and their greed. At the end of the day these companies are still making a ton of money, why are they increasing the price? What happens is that lets assume there is a company that sells a product for 10 bucks and they make 1 billion dollars a year right? So the costs increase, and then they spend some more this year because of pandemic, and even sell a bit less, now they are making 100 million dollars.

In order to prevent that they increase the price to 12.40 and they decrease the product size as well and fire thousands of workers and now they are making 150 million dollars instead of 100, they are still not making 1 billion, but they declined to make 100 million and for that extra 50 million profit they decided it was okay to charge more and fire people. That's what is wrong.