• comfisofa@lemmy.ml
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    1 year ago

    In Australia Woolies and Coles are artificially jacking prices up, this isn’t about wages but about corporate greed using inflation as a disguise to rip off literally everyone. Instead they should be forced to lower prices.

      • Skull giver@popplesburger.hilciferous.nl
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        1 year ago

        That’s ridiculous. Inflation hits any sufficiently large economy. It hit the USSR, it hit the Roman Empire, and it’ll hit us again next time there’s an economic downturn.

        Inflation isn’t some conspiracy invented by the elite to keep the common man down. It’s the effect of currency devaluation in times of economic uncertainty.

        Falling for the “inflation is just greed” conspiracy is as dumb as falling for the “prices are increasing because uuuuuuuh inflation” excuse. The truth is much more nuanced than that.