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by TulliusCicero
272 days ago
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> However, because nothing is ever profitable enough This is a wrongheaded way of looking at it, since in a competitive market, those cost savings will eventually be passed onto the consumer. If you think they just kept those new profits forever -- where did they go? Because grocery is an infamously low-margin business to be in, even now. |
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NEVER. In my LIFE. Have I seen this in action.
Literally every single category of product that I buy is more expensive now than when I was a kid. As far as I'm concerned this is a straight fucking myth until I see proof.
Like, surely, nearly 40 years on this planet, surely, by the law of probabilities, I would've seen SOMETHING get cheaper. SOMETHING. ANYTHING.
And before anyone says “TVs got cheaper,” yeah—because they’re made in sweatshops with subsidized rare earths and sold at a loss to get you into the ecosystem. That’s not market efficiency, that’s strategic manipulation.