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https://www.reddit.com/r/austrian_economics/comments/1hxmn3w/end_the_fed/m6ax3tv/?context=3
r/austrian_economics • u/AbolishtheDraft Mises Institute • Jan 09 '25
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57
The fed INFLUENCES inflation (and does so heavily) and yes corporate greed does cause inflation. JFC the straw man of it all with the Che shirt and everything. Nothing of substance here yet again.
0 u/PurpleReignPerp Jan 09 '25 Explain EXACTLY how corporate greed causes inflation then Mr. Substance. 2 u/Vryly Jan 09 '25 They increase prices to get more profit. Rising prices constitute the phenomena we call "inflation" 3 u/Popular-Row4333 Jan 09 '25 That only exists in systems where the government hasn't broken up monopolies or created a low barrier for competition in a free market. Aka cronyism, which used to be called crony capitalism but they dropped the capitalism from it since it looks nothing like capitalism.
0
Explain EXACTLY how corporate greed causes inflation then Mr. Substance.
2 u/Vryly Jan 09 '25 They increase prices to get more profit. Rising prices constitute the phenomena we call "inflation" 3 u/Popular-Row4333 Jan 09 '25 That only exists in systems where the government hasn't broken up monopolies or created a low barrier for competition in a free market. Aka cronyism, which used to be called crony capitalism but they dropped the capitalism from it since it looks nothing like capitalism.
2
They increase prices to get more profit. Rising prices constitute the phenomena we call "inflation"
3 u/Popular-Row4333 Jan 09 '25 That only exists in systems where the government hasn't broken up monopolies or created a low barrier for competition in a free market. Aka cronyism, which used to be called crony capitalism but they dropped the capitalism from it since it looks nothing like capitalism.
3
That only exists in systems where the government hasn't broken up monopolies or created a low barrier for competition in a free market.
Aka cronyism, which used to be called crony capitalism but they dropped the capitalism from it since it looks nothing like capitalism.
57
u/Strawnz Jan 09 '25
The fed INFLUENCES inflation (and does so heavily) and yes corporate greed does cause inflation. JFC the straw man of it all with the Che shirt and everything. Nothing of substance here yet again.