Retail price hikes & framing.
The headline is “America’s biggest companies can’t stop bragging to investors about how they’re charging you more” and I saw the link because of a politician’s tweet. The framing makes a few not-to-subtle implications about what “should” happen—retailers should absorb cost increases and avoid highlighting market realities to investors. Just a friendly reminder that without the profit incentive, we’d have about as much consumer retail choice as Soviet Russia. | learn more