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by Barrin92 1094 days ago
Because the basic economic argument against this theory is pretty sound. Companies can't arbitrarily raise prices because market competition drives profits down. It's why highly competitive industries like the restaurant sector aren't profitable, everyone competes for the same consumers, and the lowest cost provider will win.

Inflation doesn't actually change anything about this so if companies can just collude and make up prices the question is why did they only start doing it three years ago

1 comments

> Companies can't arbitrarily raise prices

The article suggests this is false

then you know it's not a great article.
I know you are not critically engaging with it.

You know how you think the world should work and you reject evidence in front of you. You do not liok for counter-evidence, or find faults in the evidence presented - you just reject it outright, like how flat earther rejects physics