this post was submitted on 04 Jan 2024
628 points (96.7% liked)

No Stupid Questions

35937 readers
728 users here now

No such thing. Ask away!

!nostupidquestions is a community dedicated to being helpful and answering each others' questions on various topics.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must be legitimate questions. All post titles must include a question.

All posts must be legitimate questions, and all post titles must include a question. Questions that are joke or trolling questions, memes, song lyrics as title, etc. are not allowed here. See Rule 6 for all exceptions.



Rule 2- Your question subject cannot be illegal or NSFW material.

Your question subject cannot be illegal or NSFW material. You will be warned first, banned second.



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Questions which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts and joke questions.

Provided it is about the community itself, you may post non-question posts using the [META] tag on your post title.

On fridays, you are allowed to post meme and troll questions, on the condition that it's in text format only, and conforms with our other rules. These posts MUST include the [NSQ Friday] tag in their title.

If you post a serious question on friday and are looking only for legitimate answers, then please include the [Serious] tag on your post. Irrelevant replies will then be removed by moderators.



Rule 7- You can't intentionally annoy, mock, or harass other members.

If you intentionally annoy, mock, harass, or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- Majority of bots aren't allowed to participate here.



Credits

Our breathtaking icon was bestowed upon us by @Cevilia!

The greatest banner of all time: by @TheOneWithTheHair!

founded 1 year ago
MODERATORS
 

They keep raising prices, stating that it's due to inflation, but then they keep having record profits.

Meanwhile, the average American can barely afford rent or food nowadays.

What are we to do? Vote? I have been but that doesn't seem to do much since I'm just voting for a representative that makes the actual decisions.

you are viewing a single comment's thread
view the rest of the comments
[–] Dark_Arc@social.packetloss.gg 5 points 10 months ago (2 children)

Realistically there is no reason for produce or rent to be increasing in price, there is not any actual reason for the hikes in COL other than "record profits"

There absolutely is. You think farmers don't have expenses? At the very least they need to pay employees wage increases to match inflation.

Rent is a different thing entirely and it's based on what people are willing to pay to live in that area. You can't charge a California rent in Ohio (unless you're selling a penthouse apartment) because nobody will pay it.

the myth of supply based economics, and other fairytales.

More quitter talk and apathy just like the other comment of yours I bumped into.

Fact of the matter is, if every 25% of people that normally bought X product stopped and got something else, that brand would drop prices. You can't make record profits off a 10% price hike if 25% of your sales just vanished.

[–] phillaholic@lemm.ee 3 points 10 months ago (1 children)

There are so many people here ignorant to the basic principals of supply and demand. It’s starting to scare me how willful the ignorance is.

[–] orrk@lemmy.world -5 points 10 months ago

supply and demand is econ 101, and in econ 102 you learn that econ 101 is about as predictive as Nostradamus

[–] orrk@lemmy.world 0 points 10 months ago

yet the cost to produce hasn't gone up in any meaningful metric, and is nowhere even close to the price increase we saw in grocery goods.

rent isn't much different, there is no shortage of rent, and the (evil leftist word that means you need a house and food to live) Material conditions are the main reason why companies jack p these prices, you can't just not have a house and not have food

and pointing out that supply side economics in practice has just lead to an oligopoly increased cost of living, an increasing wealth gap, and a new class of super rich that make the fucking Rockefeller look poor. And the theoretical side is literally fairy tale beliefs that make revolutionary communists seem grounded with reality