General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAs happened during Covid, corporations will start raising prices NOW, even on current pre-tariff inventory.
In addition, when tariffs are in full bloom, prices will be raised higher than what is due to the tariff impact.
Because that's how greed works.
Corporations will try to take advantage of this bad situation, and make an already bad situation worse.
My hope is that a drop in demand on anything that is not ABSOLUTELY essential will somewhat temper this effect.
The best thing we can do right now is to limit spending as much as possible.
Maru Kitteh
(31,244 posts)will raise prices based on what they will need. to spend to replace a product in inventory going forward.
LuckyCharms
(21,755 posts)They will raise prices up to the point where demand drops because of the higher prices.
msongs
(73,076 posts)Biophilic
(6,402 posts)Very few specials and mark downs. My favorite chocolate bar up considerably and Ive decided to give it up. Lots and lots of eggs and all with higher prices than last time I looked. Oh, the corporations are going to take care of themselves.
Skittles
(169,515 posts)in solidarity with folk of more modest means, I cannot stand this greed
Biophilic
(6,402 posts)Thats what its been about from the beginning; white men not wanting to share the wealth, wanting more than a fair share. It seems to me that greed is what its all about including our worship of people with more than we have.
Skittles
(169,515 posts)what kills me is, the greedy old pig party is filled with people who can NEVER have enough money
it is a SICKNESS
Biophilic
(6,402 posts)Somehow we have made greed a worthy goal. We have made it something to be worked toward and accomplished. We have made it a bit like the holy grail.
Skittles
(169,515 posts)America has NEVER recovered and it is now getting much worse.
SWBTATTReg
(26,026 posts)Sellers will see prices going up everywhere and will mark the prices of other goods up too, to cash in.
superpatriotman
(6,805 posts)Because they dont have to. We will pay whatever and ask for more.
Eager little consumers.
Srkdqltr
(9,358 posts)Johonny
(25,415 posts)Because you have to anticipate costs going up, so you need to make more now.
Companies will also delay new orders, so manufacturing will go down, way down, as companies move through current inventory in hopes of riding out tariffs. Plus, many will have to figure out the new, almost certainly lower demand.
Then there are the middle men and small companies that will just fold. They're almost certainly going to fold soon.
spinbaby
(15,365 posts)Todays mail came with Key Banks new schedule of exorbitant fees because, of course, they can get away with it now. I need to find myself a new bank or credit union. I wonder how much of a pain it will be to change my social security direct deposit.