Inflation


The Bonn N8 was $399 in 2020. Now it is $549.

Either buy your stuff now or convert bucks to gold.

Newmont was up 5.4% today.

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Showing 1 response by rbstehno

It’s not price gouging! I wish people could understand economics. The idiots in this WH don’t understand how businesses work. If you pay somebody 2x more flipping a hamburger, that hamburger is going to be maybe $2 now. Even a Walmart employee told me why milk is now $5 a gallon is because employees are making more money. What do people think when salaries are going up like they are, do you expect corporations to eat those costs? Hell no. Normally, when you ask for a raise, you need to justify that increase to your boss and if you can’t you don’t get the raise. Not anymore.

Another big component of this inflation is the price of oil. When oil goes up, so do millions of other products that need oil for manufacturing.
Corporations and businesses have every right to pass on these increases to customers.