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[parent] [thread] 2 comments
1. EarthA+(OP)[view] [source] 2025-01-13 19:13:42
What nonsense is this? The St. Louis Federal Reserve documented most inflation was due to profit seeking (gouging), not QE—that’s right wing libertarian drivel.
replies(1): >>dismal+51
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2. dismal+51[view] [source] 2025-01-13 19:17:35
>>EarthA+(OP)
Profit seeking is normal behaviour. The economic system normally keeps it in check through competition. If it's not kept in check it's because of the economic conditions.
replies(1): >>peterp+r6
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3. peterp+r6[view] [source] [discussion] 2025-01-13 19:36:12
>>dismal+51
I've not seen the economic system keeping it in check through competition in my lifetime and I don't think it did historically.
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