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News Reporter@lemmy.wtfBannedB to Economy@lemmy.world · 2 years ago

Experts say high food prices are here to stay. Here's why

www.cnbc.com

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Experts say high food prices are here to stay. Here's why

www.cnbc.com

News Reporter@lemmy.wtfBannedB to Economy@lemmy.world · 2 years ago
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Some experts say there's really nothing the government can do about high food prices.
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  • brvslvrnst@lemmy.ml
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    2 years ago

    “Here’s why”

    I may have missed it, but there wasn’t actually a reason. They state things about how “once they go up, they stay up,” but there wasn’t an actual explanation. It seems like they can come down, but something doesn’t want them to.

    My 2¢: it won’t come down because that would lower profits, and if that happens it’s the end of the world**.

    ** not really

  • Jimmycakes@lemmy.world
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    2 years ago

    Once you walk the customer up the price ladder you never go back business 101

  • A_Very_Big_Fan@lemmy.world
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    2 years ago

    I don’t need to read the article, the answer is capitalism.

  • sunzu2@thebrainbin.orgdeleted by creator
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    11 months ago

    deleted by creator

  • Drusas@fedia.io
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    2 years ago

    https://coub.com/view/23wglk

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