GNU Too (gnu2@gnusocial.jp)'s status on Tuesday, 12-Dec-2023 16:10:37 JST
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@freemo @realcaseyrollins @midway @geekysteven all value is subjective. Price gauging is a normal part of response to increased demand. It's not really possible this close to the events to determine how much inflation of the money supply is responsible for record profits and how much is increased demand, or something else we can't see yet. Regardless, I suspect that the only way companies are able to control the supply side in such a way to increase the price necessary to meet demand is their protection in the capitalist economy. We must Rembert that corporations are an artificial entity that does not exist in nature. Governments have created them allowing their liability to be limited so that owners can take significantly more financial risks than the workers can. This gives them much more power to exploit further driving down supply thereby raising prizes to meet demand.