[duderoso]

If i insure my house for 200k, i get 200k whether it costs 200k or 400k to rebuild it.

My home insurance has doubled from 2022 to 2024 for the same level of insurance. And the value of my house crrtainly hasn’t doubled. I expect some increase year to year but that is excessive.

Inflation is expected but a lot of companies are also taking advantage of the rise in prices and using excuses that no longer apply.

Companies aren’t willingly going to go back to reasonable prices if people are still willing to pay higher ones or if customers are locked in.

Check out Pepsis earnings call a few quarters back. Basically “we raised prices bc we can and our margins have increased”. Its just capitalism. Supply chain shock is over.