#excuseflation — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #excuseflation, aggregated by home.social.
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Excuseflation.
Company that can get away with it tells everyone they need to raise prices.
Not bc costs have gone up, it's because they no competitors to challenge them &/or gov't hasn't regulated properly as public services.
Groceries, housing, transportation, telcom, post-sec educ, childcare...
#inflation #regulation #housing #homeless #childcare #education #telcom #excuseflation -
Excuseflation.
Company that can get away with it tells everyone they need to raise prices.
Not bc costs have gone up, it's because they no competitors to challenge them &/or gov't hasn't regulated properly as public services.
Groceries, housing, transportation, telcom, post-sec educ, childcare...
#inflation #regulation #housing #homeless #childcare #education #telcom #excuseflation -
Excuseflation.
Company that can get away with it tells everyone they need to raise prices.
Not bc costs have gone up, it's because they no competitors to challenge them &/or gov't hasn't regulated properly as public services.
Groceries, housing, transportation, telcom, post-sec educ, childcare...
#inflation #regulation #housing #homeless #childcare #education #telcom #excuseflation -
Excuseflation.
Company that can get away with it tells everyone they need to raise prices.
Not bc costs have gone up, it's because they no competitors to challenge them &/or gov't hasn't regulated properly as public services.
Groceries, housing, transportation, telcom, post-sec educ, childcare...
#inflation #regulation #housing #homeless #childcare #education #telcom #excuseflation -
Excuseflation.
Company that can get away with it tells everyone they need to raise prices.
Not bc costs have gone up, it's because they no competitors to challenge them &/or gov't hasn't regulated properly as public services.
Groceries, housing, transportation, telcom, post-sec educ, childcare...
#inflation #regulation #housing #homeless #childcare #education #telcom #excuseflation -
CW: Long thread/11
This strains credulity. After all, the CEOs of giant companies in concentrated industries *openly boast* to their shareholders about how they've used the covid and Ukraine invasion shocks to hike prices to increase their profit margins - not just cover their additional costs:
https://pluralistic.net/2023/01/23/cant-make-an-omelet/#keep-calm-and-crack-on
While #excuseflation is new, open, naked price-fixing by industry cartels is not.
11/
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CW: Long thread/11
This strains credulity. After all, the CEOs of giant companies in concentrated industries *openly boast* to their shareholders about how they've used the covid and Ukraine invasion shocks to hike prices to increase their profit margins - not just cover their additional costs:
https://pluralistic.net/2023/01/23/cant-make-an-omelet/#keep-calm-and-crack-on
While #excuseflation is new, open, naked price-fixing by industry cartels is not.
11/
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CW: Long thread/11
This strains credulity. After all, the CEOs of giant companies in concentrated industries *openly boast* to their shareholders about how they've used the covid and Ukraine invasion shocks to hike prices to increase their profit margins - not just cover their additional costs:
https://pluralistic.net/2023/01/23/cant-make-an-omelet/#keep-calm-and-crack-on
While #excuseflation is new, open, naked price-fixing by industry cartels is not.
11/
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CW: Long thread/11
This strains credulity. After all, the CEOs of giant companies in concentrated industries *openly boast* to their shareholders about how they've used the covid and Ukraine invasion shocks to hike prices to increase their profit margins - not just cover their additional costs:
https://pluralistic.net/2023/01/23/cant-make-an-omelet/#keep-calm-and-crack-on
While #excuseflation is new, open, naked price-fixing by industry cartels is not.
11/
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CW: Long thread/11
This strains credulity. After all, the CEOs of giant companies in concentrated industries *openly boast* to their shareholders about how they've used the covid and Ukraine invasion shocks to hike prices to increase their profit margins - not just cover their additional costs:
https://pluralistic.net/2023/01/23/cant-make-an-omelet/#keep-calm-and-crack-on
While #excuseflation is new, open, naked price-fixing by industry cartels is not.
11/
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CW: Long thread/19
This is especially true of the "buy box" that lands at the top of most searches. The company refuses to disclose how buy box positioning is determined, but 90% of products in the buy box pay for FBA.
Amazon has used #excuseflation to hike its FBA prices, blaming higher energy prices for price hikes that predated the Russian invasion of Ukraine, and blaming covid for price hikes that predated the pandemic.
19/
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CW: Long thread/19
This is especially true of the "buy box" that lands at the top of most searches. The company refuses to disclose how buy box positioning is determined, but 90% of products in the buy box pay for FBA.
Amazon has used #excuseflation to hike its FBA prices, blaming higher energy prices for price hikes that predated the Russian invasion of Ukraine, and blaming covid for price hikes that predated the pandemic.
19/
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CW: Long thread/19
This is especially true of the "buy box" that lands at the top of most searches. The company refuses to disclose how buy box positioning is determined, but 90% of products in the buy box pay for FBA.
Amazon has used #excuseflation to hike its FBA prices, blaming higher energy prices for price hikes that predated the Russian invasion of Ukraine, and blaming covid for price hikes that predated the pandemic.
19/
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CW: Long thread/19
This is especially true of the "buy box" that lands at the top of most searches. The company refuses to disclose how buy box positioning is determined, but 90% of products in the buy box pay for FBA.
Amazon has used #excuseflation to hike its FBA prices, blaming higher energy prices for price hikes that predated the Russian invasion of Ukraine, and blaming covid for price hikes that predated the pandemic.
19/
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CW: Long thread/19
This is especially true of the "buy box" that lands at the top of most searches. The company refuses to disclose how buy box positioning is determined, but 90% of products in the buy box pay for FBA.
Amazon has used #excuseflation to hike its FBA prices, blaming higher energy prices for price hikes that predated the Russian invasion of Ukraine, and blaming covid for price hikes that predated the pandemic.
19/
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CW: Long thread/13
Covid let monopolistic grocers and consumer packaged goods manufacturers hike prices way beyond anything justified by supply-chain shocks and blame it on #inflation:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
The oil companies got in on the #excuseflation act, too:
https://pluralistic.net/2022/03/15/sanctions-financing/#soak-the-rich
The energy sector was *especially* shameless in the UK, more than doubling the price of fuel:
https://www.ons.gov.uk/economy/inflationandpriceindices/articles/costoflivinginsights/energy
13/
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CW: Long thread/13
Covid let monopolistic grocers and consumer packaged goods manufacturers hike prices way beyond anything justified by supply-chain shocks and blame it on #inflation:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
The oil companies got in on the #excuseflation act, too:
https://pluralistic.net/2022/03/15/sanctions-financing/#soak-the-rich
The energy sector was *especially* shameless in the UK, more than doubling the price of fuel:
https://www.ons.gov.uk/economy/inflationandpriceindices/articles/costoflivinginsights/energy
13/
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CW: Long thread/13
Covid let monopolistic grocers and consumer packaged goods manufacturers hike prices way beyond anything justified by supply-chain shocks and blame it on #inflation:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
The oil companies got in on the #excuseflation act, too:
https://pluralistic.net/2022/03/15/sanctions-financing/#soak-the-rich
The energy sector was *especially* shameless in the UK, more than doubling the price of fuel:
https://www.ons.gov.uk/economy/inflationandpriceindices/articles/costoflivinginsights/energy
13/
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CW: Long thread/13
Covid let monopolistic grocers and consumer packaged goods manufacturers hike prices way beyond anything justified by supply-chain shocks and blame it on #inflation:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
The oil companies got in on the #excuseflation act, too:
https://pluralistic.net/2022/03/15/sanctions-financing/#soak-the-rich
The energy sector was *especially* shameless in the UK, more than doubling the price of fuel:
https://www.ons.gov.uk/economy/inflationandpriceindices/articles/costoflivinginsights/energy
13/
-
CW: Long thread/13
Covid let monopolistic grocers and consumer packaged goods manufacturers hike prices way beyond anything justified by supply-chain shocks and blame it on #inflation:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
The oil companies got in on the #excuseflation act, too:
https://pluralistic.net/2022/03/15/sanctions-financing/#soak-the-rich
The energy sector was *especially* shameless in the UK, more than doubling the price of fuel:
https://www.ons.gov.uk/economy/inflationandpriceindices/articles/costoflivinginsights/energy
13/
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Britain once rioted over the price of bread. What would it take for us to confront greedflation today?
https://www.theguardian.com/commentisfree/2023/apr/28/british-bread-greedflation-profiteering-poor?CMP=Share_AndroidApp_Other
#AndyBeckett
#Greedflation
#Excuseflation -
Britain once rioted over the price of bread. What would it take for us to confront greedflation today?
https://www.theguardian.com/commentisfree/2023/apr/28/british-bread-greedflation-profiteering-poor?CMP=Share_AndroidApp_Other
#AndyBeckett
#Greedflation
#Excuseflation -
Britain once rioted over the price of bread. What would it take for us to confront greedflation today?
https://www.theguardian.com/commentisfree/2023/apr/28/british-bread-greedflation-profiteering-poor?CMP=Share_AndroidApp_Other
#AndyBeckett
#Greedflation
#Excuseflation -
CW: Long thread/11
Today, economism is helpless to do anything about #inflation, because it is ideologically incapable of recognizing the inflation is really #excuseflation, in which monopolists blame pandemic supply shocks, Russian military belligerence and supposedly overgenerous covid relief programs for their own greedy profiteering:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
11/
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CW: Long thread/11
Today, economism is helpless to do anything about #inflation, because it is ideologically incapable of recognizing the inflation is really #excuseflation, in which monopolists blame pandemic supply shocks, Russian military belligerence and supposedly overgenerous covid relief programs for their own greedy profiteering:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
11/
-
CW: Long thread/11
Today, economism is helpless to do anything about #inflation, because it is ideologically incapable of recognizing the inflation is really #excuseflation, in which monopolists blame pandemic supply shocks, Russian military belligerence and supposedly overgenerous covid relief programs for their own greedy profiteering:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
11/
-
CW: Long thread/11
Today, economism is helpless to do anything about #inflation, because it is ideologically incapable of recognizing the inflation is really #excuseflation, in which monopolists blame pandemic supply shocks, Russian military belligerence and supposedly overgenerous covid relief programs for their own greedy profiteering:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
11/
-
CW: Long thread/11
Today, economism is helpless to do anything about #inflation, because it is ideologically incapable of recognizing the inflation is really #excuseflation, in which monopolists blame pandemic supply shocks, Russian military belligerence and supposedly overgenerous covid relief programs for their own greedy profiteering:
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
11/
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#Economy #Economics ##Inflation #Excuseflation: "The decision to pass modest sums out to working people to prevent them from starving or losing their homes during the covid lockdowns made the right furious, especially inflation hawks who insist that any improvement in everyday people's material lives will transform America into an amateur revival of Weimar, complete with wheelbarrows full of useless bank-notes.
"Democrats" like Larry Summers – a Clintonite ghoul who is on record as saying that women are biologically incapable of doing science – insisted that preserving workers' living standards was a terrible mistake, only prolonging the inevitable day when they would be shoveled into the furnace that keeps The Economy running."https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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#Economy #Economics ##Inflation #Excuseflation: "The decision to pass modest sums out to working people to prevent them from starving or losing their homes during the covid lockdowns made the right furious, especially inflation hawks who insist that any improvement in everyday people's material lives will transform America into an amateur revival of Weimar, complete with wheelbarrows full of useless bank-notes.
"Democrats" like Larry Summers – a Clintonite ghoul who is on record as saying that women are biologically incapable of doing science – insisted that preserving workers' living standards was a terrible mistake, only prolonging the inevitable day when they would be shoveled into the furnace that keeps The Economy running."https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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#Economy #Economics ##Inflation #Excuseflation: "The decision to pass modest sums out to working people to prevent them from starving or losing their homes during the covid lockdowns made the right furious, especially inflation hawks who insist that any improvement in everyday people's material lives will transform America into an amateur revival of Weimar, complete with wheelbarrows full of useless bank-notes.
"Democrats" like Larry Summers – a Clintonite ghoul who is on record as saying that women are biologically incapable of doing science – insisted that preserving workers' living standards was a terrible mistake, only prolonging the inevitable day when they would be shoveled into the furnace that keeps The Economy running."https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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#Economy #Economics ##Inflation #Excuseflation: "The decision to pass modest sums out to working people to prevent them from starving or losing their homes during the covid lockdowns made the right furious, especially inflation hawks who insist that any improvement in everyday people's material lives will transform America into an amateur revival of Weimar, complete with wheelbarrows full of useless bank-notes.
"Democrats" like Larry Summers – a Clintonite ghoul who is on record as saying that women are biologically incapable of doing science – insisted that preserving workers' living standards was a terrible mistake, only prolonging the inevitable day when they would be shoveled into the furnace that keeps The Economy running."https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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#Economy #Economics ##Inflation #Excuseflation: "The decision to pass modest sums out to working people to prevent them from starving or losing their homes during the covid lockdowns made the right furious, especially inflation hawks who insist that any improvement in everyday people's material lives will transform America into an amateur revival of Weimar, complete with wheelbarrows full of useless bank-notes.
"Democrats" like Larry Summers – a Clintonite ghoul who is on record as saying that women are biologically incapable of doing science – insisted that preserving workers' living standards was a terrible mistake, only prolonging the inevitable day when they would be shoveled into the furnace that keeps The Economy running."https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
Interesting concept: #Excuseflation sounds like what we just heard from the CEOs of the grocery oligopoly. #CanPoli #Inflation
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https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
Interesting concept: #Excuseflation sounds like what we just heard from the CEOs of the grocery oligopoly. #CanPoli #Inflation
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https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
Interesting concept: #Excuseflation sounds like what we just heard from the CEOs of the grocery oligopoly. #CanPoli #Inflation
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One just has to love all the new words @pluralistic keeps coining. Can't wait to see more like #enshittification #excuseflation.
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One just has to love all the new words @pluralistic keeps coining. Can't wait to see more like #enshittification #excuseflation.
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One just has to love all the new words @pluralistic keeps coining. Can't wait to see more like #enshittification #excuseflation.
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After #enshittification, now @pluralistic is adding the term #excuseflation to our vocabulary:
"As the Stiglitz/Ira list of five causes shows, it's not just price-fixing that causes prices to go up – but every one of these causes feeds into price-fixing, thanks to a phenomenon called excuseflation(...)"
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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After #enshittification, now @pluralistic is adding the term #excuseflation to our vocabulary:
"As the Stiglitz/Ira list of five causes shows, it's not just price-fixing that causes prices to go up – but every one of these causes feeds into price-fixing, thanks to a phenomenon called excuseflation(...)"
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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After #enshittification, now @pluralistic is adding the term #excuseflation to our vocabulary:
"As the Stiglitz/Ira list of five causes shows, it's not just price-fixing that causes prices to go up – but every one of these causes feeds into price-fixing, thanks to a phenomenon called excuseflation(...)"
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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After #enshittification, now @pluralistic is adding the term #excuseflation to our vocabulary:
"As the Stiglitz/Ira list of five causes shows, it's not just price-fixing that causes prices to go up – but every one of these causes feeds into price-fixing, thanks to a phenomenon called excuseflation(...)"
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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After #enshittification, now @pluralistic is adding the term #excuseflation to our vocabulary:
"As the Stiglitz/Ira list of five causes shows, it's not just price-fixing that causes prices to go up – but every one of these causes feeds into price-fixing, thanks to a phenomenon called excuseflation(...)"
https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power
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CW: Long thread/14
As the Stiglitz/Ira list of five causes shows, it's not *just* price-fixing that causes prices to go up - but every one of these causes feeds into price-fixing, thanks to a phenomenon called #excuseflation, which Tracy aAlloway and Joe Weisenthal discuss in the latest #OddLots podcast:
14/
