Row 75217

Row ID: 75217 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 75217 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

We have plenty of evidence showing how the prices of some goods more than doubled since 2019.

Yes, some prices were driven up by supply chain issues, like a temporary aluminum shortage driving up the cost of canned drinks.

But when those temporary issues were resolved, prices should have returned closer to their original price point, instead the manufacturing costs have returned to their norm, but the finished goods still have the high costs attached. Which has resulted in many companies reporting record profits nigh every year the last few years.

Like, the issue isnt just "company ramped price up," but that many complications arose in a short time that resulted in price hikes, and then those prices were maintained.

We are now starting to see the results of those high prices in some markets where consumers are turning away from those goods, like mcdonalds having to acknowledge they are hemorrhaging customers.

At the end of the day, companies will charge what consumers find acceptable to pay, we did temporarily accept high prices in some markets, but we, as consumers, are hitting the point where we refuse these prices.

On the other hand, there are some markets we cant refuse. I have the unfortunate need of eating food to live, and in the last 4 years my food budget has doubled, despite me not changing my diet.

FieldValue
text We have plenty of evidence showing how the prices of some goods more than doubled since 2019. Yes, some prices were driven up by supply chain issues, like a temporary aluminum shortage driving up the cost of canned drinks. But when those temporary issues were resolved, prices should have returned closer to their original price point, instead the manufacturing costs have returned to their norm, but the finished goods still have the high costs attached. Which has resulted in many companies repo…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-24
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Raw Record

{
  "text": "We have plenty of evidence showing how the prices of some goods more than doubled since 2019. \n\nYes, some prices were driven up by supply chain issues, like a temporary aluminum shortage driving up the cost of canned drinks.\n\nBut when those temporary issues were resolved, prices should have returned closer to their original price point, instead the manufacturing costs have returned to their norm, but the finished goods still have the high costs attached. Which has resulted in many companies reporting record profits nigh every year the last few years.\n\nLike, the issue isnt just \"company ramped price up,\" but that many complications arose in a short time that resulted in price hikes, and then those prices were maintained.\n\nWe are now starting to see the results of those high prices in some markets where consumers are turning away from those goods, like mcdonalds having to acknowledge they are hemorrhaging customers. \n\nAt the end of the day, companies will charge what consumers find acceptable to pay, we did temporarily accept high prices in some markets, but we, as consumers, are hitting the point where we refuse these prices.\n\nOn the other hand, there are some markets we cant refuse. I have the unfortunate need of eating food to live, and in the last 4 years my food budget has doubled, despite me not changing my diet.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-24",
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}
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