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Mike 03

(18,364 posts)
4. Since so many businesses are raising prices simultaneously, won't the
Thu Feb 20, 2025, 01:44 PM
Feb 20

accumulative effect of all this inflation be to tip many individuals and families over into poverty--to not being able to pay their bills?

Two dollars here, six dollars there, .75 cents here... You add that up every month it is going to be enough to topple some people over. Talk about diminishing returns--what is the point of killing off the ability of customers to pay for things?

Won't people stop buying what they can live without? Even then, there are already so many families in this country that choose between food, rent and medical care each month.

Greed is going to destroy people but it's also going to hurt these companies. If I issued credit cards, I'd rather get a $300 check each month than charge $305 and risk that customer cancelling their cards.

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