this post was submitted on 04 Jan 2024
175 points (98.9% liked)

World News

38278 readers
2302 users here now

A community for discussing events around the World

Rules:

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 23 points 7 months ago (1 children)

The U.S. company said in October it planned "modest" price increases this year as demand held up despite rises, leading it to hike its 2023 profit forecast for a third straight time.

They will simply keep raising prices until demand plateaus. It has nothing to do with production costs or shipping costs- they will gauge us for every single penny simply because they can. And if sales drop they will still make more money than before because a bag of chips that used to be $2.49 is now $5.99.

[–] [email protected] 7 points 7 months ago

Good ol' capitalism. Everyone thinks it's having an open market, but nope! These are the innovations of capitalists: Attaining and retaining more capital than last quarter. That's it. That's all capitalism is good for: ripping off workers.