(08-17-2024, 11:16 AM)The Real Marty Wrote:

(08-17-2024, 11:05 AM)HURRICANE!!! Wrote: I totally understand profits and have the benefit taking advantage of rental increases and such (although I limited the impact to existing tenants), so I'm not complaining about the capital system, but I do think there are limits that should be considered so the consumer is not gouged.

Personally, the Publix price increases don't impact us because we can easily afford groceries at any cost and have alternatives if we so desire.  I can drive to Winn Dixie and Walmart but there are others (especially the aging who don't have modes of alt transportation) that rely on their local store, so they are bound by increases of a certain grocer.

Same applies to gas prices.  Big oil has no problem recording record profits at the expense of the consumer.  Just thankful none of these cost increases really has any detrimental impact on any of us, but that's not a reason to ignore it and place some controls on certain consumer necessities.   I do find it ironic that people here were just complaining about grocery prices but when Kamala mentions something, all the sudden increases on groceries don't matter ..... people just call it inflation and complain once again, even though it's evident it's not increasing costs but increasing profits of certain suppliers.   Lol .... people complain about costs but not profits ... "isn't it ironic".

Prices are a product of supply and demand.  The best way to control prices is to increase supply.   Price controls lead to shortages, because if someone cannot make a profit selling a particular thing, they will not want to bother producing or selling that thing.  That's why price controls are very bad policy.