alt Hacker NewsYes, that sounds exactly correct.
Prices only go up, all that's required is a plausible excuse.
This is what happens when you shape your entire individual and cultural identity around "number go up"
Yes, that sounds exactly correct.
Prices only go up, all that's required is a plausible excuse.
This is what happens when you shape your entire individual and cultural identity around "number go up"
Retailer profits from foreign wine decreased because of reductions in sales (~12% iirc). This is textbook econ 101, profit maximization of a firm, supply and demand etc.
Taxes make after tax prices go up and reduce profits due to reduced quantity.
No reason to go searching for a "plausible excuse" or some greater critique of culture.