Robert ReichDec 30, 2022

Last quarter, American corporations took home about 10% more than they did the same time a year ago.

Folks, price gouging is driving inflation, not wages or government spending.

Show threadIsny

@rbreich so what's the solution to price gouging? The business of business is to make money, and if they can maximize profit, they're doing their job.

My only recommendations are to reduce the time of copyright protection, as well as patent timing.

Dec 30, 2022 at 11:57pmWeb
Show threadBadtux the Snarky PenguinDec 31, 2022
@isny @rbreich The solution to price gouging is not to cause misery to consumers, but, rather, to address the supply chain issues that are allowing the price gouging, since if not for those supply chain issues new competitors would arise to undercut the price gougers.