Quote:
Originally Posted by Two Bills
After reading all this thread, inflation seems to be about the same as it has always been.
Sometimes low, sometimes high, always with us, a bit like the weather really.  |
Yes, starting with companies always want to increase profits so they increase prices on products when they can. Employees say., hey, we need to get some of that too! So employees have an annual pay raise. Suppliers do the same.
All is fine until demand drops off for whatever reason, and prices can't rise.
When this happens, mgmt still wants their incentive payment for growth so
they take steps to reduce costs first in the supply chain, secondarily with layoffs.
When goods and services have zero inflation, corporate incentive programs for growth starts pressuring supply chains and labor costs.
So what's good for the consumer might not be good for the consumer to lose his/her job.
So be careful what you wish for
counter point obviously