@Mellow Hudson Mike posted:This is the way markets work, with folks being found on one extreme or the other.
Very few seem to be talking out of both sides of their mouths. The people complaining about the loudest about prices are largely not the same people rushing to get their orders in.
Can a manufacturer or marketer meet the needs of both extremes? No.
This is the way the markets have worked since Covid.
1. Covid shutdowns cause a reduction in production and an increase in the cost of goods
2. Profits for the largest companies (mostly their CEOs) still soar.
3. Covid ends (mostly) and companies are faced with either resuming previous production levels and moderating or lowering prices or continuing to produce less and charge more.
4. Most companies (especially the larger ones) choose the latter
5. Their reported profits reflect that
6. They are mostly not called out on it, and instead workers are blamed for inflation with a call to reduce work forces. Many comply.
And their you have the "markets".
John
