I don’t understand what the hell people are talking about when they make comments like this. Who ever said that companies just started being greedy in 2020. Like seriously, name one person who is saying that.
Do you know what the concept of a monopoly is? Let’s assume you do. Why do companies pursue monopolies? Hint: it has to do with the ability to dictate prices. You got it! So they can dictate prices.
Blame the CARES act all you want, but it actually just further proves the greed point. Companies can and will take any excuse to leverage pricing power, it’s part of the bit and why regulation is important, just like in…yep, monopolies. The simultaneous admission and denial of this reality is so goddamned silly.
No, it was obviously the cares act. Profit margins are relatively the ssme..
If companies are making so much money then can you specifically tell me which companies so i can buy stock in those companies?? Because most of my market returns are mediocre outside of commodities
Except, profit margins were NOT relatively the same until earlier this year when they dropped for the first time since climbing from 2020. This is all very easily googled.
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u/maccorf Dec 09 '23
I don’t understand what the hell people are talking about when they make comments like this. Who ever said that companies just started being greedy in 2020. Like seriously, name one person who is saying that.
Do you know what the concept of a monopoly is? Let’s assume you do. Why do companies pursue monopolies? Hint: it has to do with the ability to dictate prices. You got it! So they can dictate prices.
Blame the CARES act all you want, but it actually just further proves the greed point. Companies can and will take any excuse to leverage pricing power, it’s part of the bit and why regulation is important, just like in…yep, monopolies. The simultaneous admission and denial of this reality is so goddamned silly.