Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
If costs remain the same, and a company finds it is able to increase prices because of increased demand, or decreased competition, then isn't that de facto "inflation"?

In other words isn't profit - virtually by definition -  the principal direct "cause" of inflation?

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Wed Dec 12th, 2007 at 03:41:51 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series