Semi-Normal on Nostr: Its tricky because it is partly true. Because the money supply is so heavily ...

Its tricky because it is partly true.

Because the money supply is so heavily manipulated, price discovery needs to take in to account both changes to the availability of the good or service, and fluctuations of money now and in to the future.

Corps clearly have a much better understanding of what the fed may do in the next two meetings, have a lot more data about what their consumers are spending.. This information imbalance creates the conditions that allow a corporation to overcharge (exacerbated by the fact that the government helps ensure they have limited competition).

Typically if I'm having this conversation with right leaning people, we can just blame the govt.. With leftists I fine if more productive to talk about how the fed creates the conditions that allow for that exploitation.