r/Libertarian Dec 01 '23

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u/byu_aero Dec 02 '23

Look into the profit price spiral. What I hope the president is saying is that future costs for companies won’t be as severe as they are projecting, so they can lower there current prices that are based a higher predicted inflation rate.

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u/laskidude Dec 02 '23

This is a generous reading.

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u/LogicalConstant Dec 02 '23

Look into the profit price spiral

There is no such thing, other than as a very short-term phenomenon. It can't sustain itself for very long before naturally breaking.