Posts tagged ‘economy’
WALT’S OPINIONS: INFLATION?
INFLATION?
I, like I’m sure most of you, go grocery shopping. And I still have the remnants of a memory and remember prices from one outing to the next and note the price increases.
What follows is pure conjecture on my part.
There are times when I see the price of a product increase, a large increase, at times in a week or two.
Why?
Is there a valid reason for the price increase or is there something else at play? Could it be that the manufacturer is taking advantage of the fact that inflation is constantly in the news. Could it be that there is no good reason for the increase? But, because of the constant discussion about inflation the manufacturer is relying on that fact and assuming the customer will not question the increase. The customer, because of all the inflation hype, will accept the increase as part of life. Could it be, in some cases, that the customer is being manipulated in the cause of profits?
You can try an experiment. For every product there are remarkable number of brands these days. When you buy something search the brands to see if the increase of the price of one of the brands stands out. Just an experiment.
When a company makes a tremendous increase in price, say a certain percentage in a certain length of time, they owe the public an explanation?
What do you think?
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