WALL OF TEXT: INFLATION

 

WALL OF TEXT: INFLATION. While at a store buying groceries and medicine, I saw the man in the sushi department gathering unsold rolls and tossing them in the trash. At least 20 of them. I just stood there thinking food is expensive, and we are still producing way more than demand needs and throwing it away. If prices really had increased due to “supply shortages,” companies would want to waste less, but nothing has changed apart from prices rising at the same time as profits. Shelves are still full. Most are overflowing, so what shortage? Shouldn’t we be seeing entire aisles empty, and high prices on the remaining products to match? I still see skids and pallets of unsold product going to waste. I see no increased demand for anything driving prices up. Americans certainly are not living fat and happy off government stimulus money, so they do not have more money to spend. I see prices going up and then those same products go on sale for close to the prices they were six months ago. The price can go down at any time. Price does not equal value. If prices were rising to compensate for higher costs of production, profit margins would not move. Price is not even related to the cost of production. It is arbitrary. This can’t go on forever. You can only milk the poor for so long before they run out of money to take. Something has to give. Notice how plans to get rich always involve squeezing money from poor people, never squeezing the rich, even though the rich have all the money. The last time we had prosperity in the USA was when we decided to tax the rich. Screwing over the rich is called theft while screwing over poor people is called business. Remember that as prices go up while giant corporations pay nothing in taxes.