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mempkoyesterday at 3:18 PM3 repliesview on HN

People forget that prices don't rise automatically. Businesses decide to raise prices. There isn't some magical force called inflation cuasing prices to go up. It's human decision-making all the way down.


Replies

eloisantyesterday at 3:26 PM

Human decisions but usually with external factors: increasing costs, pressure to grow, etc.

If they could get away with raising price just because they feel like it they would do it earlier and more often.

show 1 reply
fhnyesterday at 6:45 PM

Have you ever run a business?

show 1 reply
senordevnycyesterday at 10:40 PM

People forget that high prices aren't paid automatically. Consumers decide to purchase things at the higher prices, it's human decision-making all the way down.