• UltraMagnus0001@lemmy.world
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    1 year ago

    More like greed. Inflation because they have record profits, pay their employees less *(relative to inflation )and charge more for their products

    • Rediphile@lemmy.ca
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      1 year ago

      You think inflation is due to record profits?

      And by pay employees less, what do you mean? Like relative to inflation? Or is there a company that actually lowered hourly wages?

      I can sort of agree with the charge more part I guess. But it’s pretty obvious that inflation is largely caused by increasing the money supply. This has been shown repeatedly throughout history and isn’t really debatable unless I’m missing something. It’s sort of like how the more slices you cut a pizza into, the smaller the slices become. Charging more for the pizza, paying the pizza employees less or the pizza company making more money doesn’t impact slice size unless they increase the number of slices or the size of the pizza itself.

      • artisanrox@kbin.social
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        1 year ago

        paying the pizza employees less

        so the employees can literally not pay their bills and you run a billion dollar pizza company.

        Might want to take this all back.

        • Rediphile@lemmy.ca
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          1 year ago

          Haha what? This was a hypothetical comparison of the number of pizza slices per pizza and inflation. These pizza employees do not exist, but if they did I would support them being paid more not less.

          Did you actually think I ran a pizza company?

          • artisanrox@kbin.social
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            1 year ago

            No, I’m saying your little metaphor is terrible and the main driver of inflation, currently, is literally businesses not wanting to pay people.