• Kairos@lemmy.today
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    9 months ago

    Only temporairally. Prices would fall back down again as competition theoretically kicks in.

    • candybrie@lemmy.world
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      9 months ago

      Prices usually don’t fall. Falling prices are generally seen as really bad. Prices instead stop going up so fast.

      • TeckFire@lemmy.world
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        9 months ago

        To some degree. We’ve seen prices rise in the pandemic and drop back down substantially over time back to pre-pandemic numbers. Look at price trends for construction supplies, for instance. Not sure if that is what you’re referring to, however

      • SolarMech@slrpnk.net
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        9 months ago

        Which is “ok” as wages will start to go up over time (for some). But some wages don’t climb as fast and some people are on fixed revenue (old people, disabled people).

        So it requires readjustments