this post was submitted on 17 Dec 2023
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Economy

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[–] Fades@lemmy.world 2 points 9 months ago* (last edited 9 months ago)

Inflation clearly was not the primary cause behind the multi-industry price gouging that has driven prices for just about everything sky high. It’s late stage capitalism, the corporations are too big and too powerful. Who will stop them? They are mask off at this point.

Having said that, there are things being done, an example being Biden’s threats to take the patents away from pharmaceutical companies that take taxpayer money and do this shit to Medicaid patients. He’s also mentioned in some of his recent speeches that prices are disproportionately too high, but I have yet to see anything that deters these out of control capitalists