Row 1293

Row ID: 1293 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 1293 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Thanks for your time. I’m drawn to this quote “Estimates suggest that fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021.”

I’m curious how they think the fiscal support to consumers drove prices up. What seems more likely is companies exaggerated their “need” to raise prices, and lack of competition leaves them no reason to lower prices.

For context, on St. John USVI, triscuit crackers are $7.45 a box and tourists still buy them- there is no incentive to offer a more delicious chip cheaper because American consumers won’t boycott triscuits.

I hope the essence of my point is visible, I wish I wrote more clearly.

FieldValue
text Thanks for your time. I’m drawn to this quote “Estimates suggest that fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021.” I’m curious how they think the fiscal support to consumers drove prices up. What seems more likely is companies exaggerated their “need” to raise prices, and lack of competition leaves them no reason to lower prices. For co…
label r/econpapers
dataType comment
communityName r/EconPapers
datetime 2022-05-25
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Raw Record

{
  "text": "Thanks for your time. \nI’m drawn to this quote \n“Estimates suggest that fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021.”\n\nI’m curious how they think the fiscal support to consumers drove prices up. What seems more likely is companies exaggerated their “need” to raise prices, and lack of competition leaves them no reason to lower prices. \n\nFor context, on St. John USVI, triscuit crackers are $7.45 a box and tourists still buy them- there is no incentive to offer a more delicious chip cheaper because American consumers won’t boycott triscuits. \n\nI hope the essence of my point is visible, I wish I wrote more clearly.",
  "label": "r/econpapers",
  "dataType": "comment",
  "communityName": "r/EconPapers",
  "datetime": "2022-05-25",
  "username_encoded": "Z0FBQUFBQm5Lakx6RkpHaTRWa2xucWhLMEhaS0lRX1JJNUZlcWdoMjhiVUJmaFo3M2hnTU1ndUNROEZvZGNsX25lQk9TTmQwZVctYXEzQ2NfY3RDRFJSTmdieEpTcGNJTjJjUkE2ODJ4akh4anNGS3FPWDRNaTQ9",
  "url_encoded": "Z0FBQUFBQm5Lak9ENTZBbm1hOTlGRlktRXlDT0wwWGhCOFpUQW1QUTlXdExhMnZ3WHRBMVJHbGZkMHpFaWFGRTdHY20tb1VFSXRpd0t2eldvSnB1VUVfakppM084VzhuRnVxS3FHR1FqelRoSV85Mlhjd2pWZnJrVnk5VlBNRkhBamNjblg2M1UwclJyV3lQeE1SbEh2bklSdFVGUUJ3bWltelMwbnJDSXZ5TGVGdWp3cjhlXzdteVVmS0pHMUtXUDdYcV8tb1c5Nzkx"
}
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