Corporations are a lot more willing than usual to raise their prices lately, and it’s putting more of the burden of high inflation on consumers.

That may not come as much of a surprise to anyone who has browsed a grocery aisle, kicked the tires at a car dealership or filled up a gas tank of late, but even the Bank of Canada is starting to take notice of the trend, as the central bank continues its battle to wrestle inflation into submission.

Speaking to a parliamentary committee in Ottawa this week, the bank’s governor, Tiff Macklem, told lawmakers that the bank has noticed a troubling new trend coming out of the corporate sector.

For much of the past few decades, any time businesses have seen a jump in their input costs — the amount they pay for things like raw materials, energy and even workers — “they were pretty cautious about passing on [that cost into] the prices they charged for goods and services,” Macklem said.

Their reasoning was simple: they were afraid of losing customers.

  • @LemmysMum
    link
    01 year ago

    The sheep can’t hear you over the sound of munching grass. The cattle have no care for what their bells say.

    You show me how to eradicate wilful ignorance and deliberate belligerence and I’ll show you a functional society.

    You would think we didn’t have a massive communication channel attached to our hips ffs

    It might as well be a broken translator.

      • @LemmysMum
        link
        21 year ago

        You can lead a troglodyte to knowledge but you can’t make them think.

        • @[email protected]
          link
          fedilink
          21 year ago

          I dunno, your doom and gloom shit is pretty old

          You can think theres no hope if you like, but kindly shut the fuck up about it if youre not interested in trying to fix things.

            • @[email protected]
              link
              fedilink
              11 year ago

              No one is ignoring reality.

              You can acknowledge shits fucked without falling into dispair about how utterly pointless and unfixable it is.

              Its not unfixable.

              I dont give a shit if youve got depression dude, get a therapist or meds. The world isnt over, and your doom and gloom bullshit isnt helping improve the situation.

                • @[email protected]
                  link
                  fedilink
                  01 year ago

                  Youre literally throwing a piss party, and getting upset at being told to quit pissing yourself in public.

                  You arent pointing out reality, youre acting like a loser who just got dumped

          • @LemmysMum
            link
            1
            edit-2
            1 year ago

            Of course you miss the point. Thanks for being the perfect example.

    • @totallynotarobot
      link
      -11 year ago

      My translator doesn’t have the “pompous cliché” language pack installed so I’m afraid idk what you said there.

      • @LemmysMum
        link
        11 year ago

        I’m sure you hold that wilful ignorance in high regard.

        • @totallynotarobot
          link
          -31 year ago

          Likewise with your disdain for us normies. Have a fulfilling day :)

          • @LemmysMum
            link
            4
            edit-2
            1 year ago

            If normies are wilfully ignorant and intentionally belligerent, then yes. Anyone with an iota of cognizance would have disdain for that. But don’t cry about being what you are, if you don’t like it be different.

            • @ghostdoggtv
              link
              01 year ago

              You can argue about willful and intentional. Political corruption gives evil people a means with which to undermine education. Not a hard concept.

              • @LemmysMum
                link
                0
                edit-2
                1 year ago

                Lack of education undermines democracy, wilful ignorance undermines personal intelligence, deliberate belligerence undermines communication.

                Ones own ignorance can be eliminated by their own actions alone.

                To remain uneducated is to hate democracy.