this post was submitted on 05 Nov 2023
313 points (98.5% liked)

Canada

7230 readers
288 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Local Communities


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 4 years ago
MODERATORS
 

Supply chains, worker wages and the price of energy has been blamed for the current bout of high inflation. But central bankers around the world are starting to clue in to something consumers have been aware of for a while โ€” corporations just aren't afraid to raise their prices anymore.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 8 points 1 year ago* (last edited 1 year ago) (1 children)

Thereโ€™s a solution: legally mandating price ceilings

This populist idea has been done many times and it always leads to the same outcome: businesses stop stocking unprofitable items.

Learn from history, people.

[โ€“] [email protected] -2 points 1 year ago* (last edited 1 year ago)

The ceiling would have to still be profitable. And if this is a thing people need but can't afford while profitable, the government should provide it.

People need to learn from history and realize corporations exist to serve the people and at the people's pleasure. You have to apply for a corporation and a we've seen with Trump, can be dissolved. Which should really happen a lot more often.