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re: Greed-flation AKA Sellers Inflation Do you Believe it?

Posted on 7/19/23 at 10:15 am to
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27253 posts
Posted on 7/19/23 at 10:15 am to
People are sensitive to price increases, even small ones, which makes prices sticky (and why companies prefer shrinkflation to raising prices). Because of this, I think companies are taking advantage of the fact that prices are expected to be rising now, in order to preemptively price in future increases and save on future losses of consumer goodwill.
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