@isabellamweber.bsky.social: "The world #energy shock is coming — it will deepen #inequality in ways we've seen before."

"without urgent government action, the Strait of #Hormuz crisis will ripple through our economies and rip apart our societies"

"cost shocks don't just pass through markets neutrally—they give dominant corporations cover to hike prices, protect margins, and *increase* profits. We called this sellers' inflation."

https://bsky.app/profile/isabellamweber.bsky.social/post/3mhlf23l4ds2r

#Economics #Inflation #PoliEcon

"When you make enough money, you get to write the laws."

Funny, yet depressing, 3 min video about how #PBM s raise #drug prices:

https://www.youtube.com/watch?v=_khH6pZnHCM

#Economics #PoliEcon #Inflation

Chrematistics or accumulation without limit was the most important concept I ever learned about. It's not #greed per se, it's something much worse and it dominates our world. #capitalism #philosophy #misalignedmarkets #poliecon

https://medium.com/@misaligned-markets/greed-is-not-selfishness-0474653eba10

#Google pitching new #AI tools to retailers to help raise #consumer #prices

@groundwork.bsky.social:

“This is the holy grail for them.”

@lindsayowens.bsky.social
sounds the alarm on Google’s new AI shopping “tools” that could quietly turn your personal data into a pricing weapon.

When prices are hidden inside AI chats, we can’t compare costs, budget, or know if we’re being treated fairly.

https://www.techpolicy.press/big-techs-ai-shopping-tools-raise-stakes-for-surveillance-pricing-laws/

#Economics #Inflation #PoliEcon

For avg working #family, , this year's #prices went up $1,625.

#Economics #Inflation #PoliEcon

@groundwork.bsky.social‬ :

NEW: Inflation in the past year has cost working families an average $1,625. The price hikes are across the board:

🥚 Groceries cost $310 more
🏡 Housing costs are up 3.2%
💡 Electricity prices are up 6.7%

The latest #misalignedmarkets post is about historical developments that are core to understanding what market capitalism is and how it works. https://misaligned.markets/contingencies-of-capitalism/

#history #finance #economics #markets #poliecon #capitalism

“Manufacturing employment is down three-months in row for a cumulative loss of 37,000. Since its peak in early ‘23, its down 173,000. Because so much US #manufacturing depends on imported inputs, I’m very concerned that Trump’s escalating #tradewar exacerbates this negative trend.” - ‪@jaredb-econ.bsky.social‬

https://substack.com/home/post/p-169824303

#Economics #Jobs #PoliEcon

Biggest experiment in US economy in a long time.

From ‪@jc-econ.bsky.social‬ :

The weighted average tariff in effect on US imports continues to creep higher w/ every announcement taking it to levels not seen since the 1930s & customs collections are on track for >$350bn in taxes on US firms & consumers per year while the media dutifully reports things as "not as bad as feared"

#Tariffs #Economics #PoliEcon

“ #Trump admin is raising #prices that are at the heart of the #affordability crisis". --#JaredBernstein

Post-trade war, tariffs are up $21 billion/month.

Or $736/year for every man, woman. & child living in the US.

At the moment, importers are eating a lot of this tax, but sometime this year, much of this will pass through to consumers. The rest will result in lower margin for businesses without #monopoly power.

https://econjared.substack.com/p/did-someone-neglect-to-tell-the-president?publication

#Tariffs #Inflation #PoliEcon