re: #16 Dr Lizardo

I don’t understand why this would necessarily considered a “fringe” notion. To me at least, it seems fairly obvious that corporations worldwide were engaging in profiteering and using the COVID pandemic, and right after that, the Russo-Ukrainian War, to ramp up prices as much as the market would bear. They figured that after the initial shock, consumers would simply adjust to these new, wildly inflated prices.

The thinking was that companies generally didn’t have the pricing power to do that. Inflation was very low for a very long time. Why didn’t companies jack up prices pre-covid?
Supply chain disruptions provided legitimate shortages for a time. Once those were rectified the companies didn’t lower prices. And they won’t until consumers stop overpaying.