There is inflation I agree, but I think a significant percentage is from price gounging, around 30%. I saw a study detailing this that I could find and link if you want.
If you’re wondering how it can happen simultaneously accross whole countries and much of the world, you can look up the concept of “price leadership.”
There is inflation I agree, but I think a significant percentage is from price gounging, around 30%. I saw a study detailing this that I could find and link if you want.
If you’re wondering how it can happen simultaneously accross whole countries and much of the world, you can look up the concept of “price leadership.”
See my reply to your other comment https://lemmy.world/comment/2308508