Kamala doesn't know history much less how economics works..

[sealybobo]

By definition... "Price fixing" "price gouging" does NOT cause "inflation"!
Anyone who disagrees with that statement... PROVIDE me proof that "price gouging" has caused "INFLATION" of all
prices, especially in the price of a loaf of bread!
Price before Kamala became VP which was: In 2020 loaf of bread $1.54
Price today: Loaf of bread: $2.54 in 4 years nearly DOUBLE the price.

U.S. retail price of white pan bread 2023 | Statista

The retail price of white pan bread in the U.S.

www.statista.com

How did "price gouging" cause nearly 100% increase in cost of a loaf of bread?

YOU are a f...king DUMMY! You are doing just what the biased MSM does...
HERE ARE TRUMP"S exact words!
“The press is always on me, because I say this,” he began, in an aside. He knew it was not the first time he’d brought up Hannibal, but he couldn’t resist.
“Has anyone seen ‘Silence of the Lambs’? The late, great Hannibal Lecter. He’d love to have you for dinner.”

Why Is Donald Trump So Fixated on Hannibal Lecter?

In his RNC speech accepting the presidential nomination, Donald Trump brought up 'The Silence of the Lambs' — again.

variety.com

DUMMY!!! Where in the above Trump statement did he ever allude or even say "Lecter" was a real person?
See this is where DUMMIES like you are so ignorant of what the BIASED MSM has done to your perceptions of Trump!

He spoke of Hannibal lecter in several rallies. He said he was a great guy. Weird huh?

 

[Dragonlady]

Vice President Kamala Harris on Friday is expected to call for a federal ban on price gouging to lower grocery prices and everyday costs for Americans in her first economic policy speech

https://www.cnn.com/2024/08/15/politics/harris-price-gouging-ban-economic-policy-speech/index.html

Details...details... "the devil is in the details".

What price would Kamala suggest for a loaf of bread?
Price that was before she became VP which was: In 2020 loaf of bread $1.54 -------
Price today: Loaf of bread: $2.54 in 4 years nearly DOUBLE the price.

U.S. retail price of white pan bread 2023 | Statista

The retail price of white pan bread in the U.S.

www.statista.com

So what will the supermarket, especially the smaller neighborhood store in what are called.."food deserts" that don't have enough volume?
The small "food desert" grocery store will have to pay MORE to the bread delivery group because THEY won't be able to give the "food desert" store the same discounts they are giving the supermarkets which buy at a larger volume and the delivery cost is lower, i.e. gas, labor etc.
So what will happen to the grocery store? They can't raise the prices on anything as they are the last stop in buying bread, etc.
Kamala and all ignorant people don't understand how this works don't obviously understand what "price gouging" is.
The small local grocery store in the "food desert" will close!

You really are too stupid to be one person. Harris is not talking about “controlling” price the price of bread, idiot. She’s talking about ending the practice of “price gouging”.

Any economist will tell you what the expected rate of profit should be in any sort of retail operation. Those who are achieving excessive profits will be fined accordingly.

This will have absolutely no effect on the mom and pops in the food deserts.

Please take a course of two in economics before commenting further fool

 

[Dragonlady]

By definition... "Price fixing" "price gouging" does NOT cause "inflation"!
Anyone who disagrees with that statement... PROVIDE me proof that "price gouging" has caused "INFLATION" of all
prices, especially in the price of a loaf of bread!
Price before Kamala became VP which was: In 2020 loaf of bread $1.54
Price today: Loaf of bread: $2.54 in 4 years nearly DOUBLE the price.

U.S. retail price of white pan bread 2023 | Statista

The retail price of white pan bread in the U.S.

www.statista.com

How did "price gouging" cause nearly 100% increase in cost of a loaf of bread?

Any first year economic student I can prove to you that price gouging causes inflation.

Proof positive that you need to take a few courses on the economy before commenting further on economic matters.

 

[22lcidw]

Aside from all the standard partisan bullshittery here...

One of my brothers and I just took a deep dive into Kroger Grocery's (Ticker KR) income statement. I had seen that their stock price had been fairly flat over the last couple of years, which would be weird if they were gouging.

According to their numbers, their profit margins have also stayed flat, at a little over 2.0%. That means that the increases had been coming up through the supply chains and feeding on themselves.

So if a Harris administration wants to stop gouging, they'll have to dig. And if the increases are indeed all along the supply chains, gouging will be tough as hell to prove. This is what it looks like when inflation feeds on itself.

Progs endless regulations and interference on those supply chains help to cause problems. The reduction of the price of energy if Trump returns will help. And Prog can only help a little as they are pushing the green energy. Deplorables and some Progs and Independents know that if the Progs win, they will go on Communist legislation hyperdrive come January. In Progs zeal to smear people living in rural areas they conveniently take advantage of the low IQ voters in poor areas and cheat from those and other areas also.

 

[sealybobo]

But she doesn't know that price control is an absolute communist.

Just because price controls is a small part of communism doesn’t mean she’s a comma. Capitalism needs to be regulated by government. Breaking up monopolies doesn’t work does that mean capitalism doesn’t work?

 

[LAUGHatLEFTISTS]

Ohhh bullshit. When they see a valid reason to raise prices they tack on a little extra because who can sort out what is extra when all people know is that prices are going up

You’ve been told there is price gouging. That’s all you know.

 

[LAUGHatLEFTISTS]

I own a business jackass

What’s your profit margin?

 

[healthmyths]

We charge what generates a decent profit.

Our rates are considerably lower than our competition and our revenue produces a decent return.

But what is a “decent” return? More than 2% which is the average supermarket

Any first year economic student I can prove to you that price gouging causes inflation.

Proof positive that you need to take a few courses on the economy before commenting further on economic matters.

so where is your proof? Why make a dumb ass personal subjective statement when using the internet is so easy???

 

[healthmyths]

Dragon lady... You wrote: Any first year economic student I can prove to you that price gouging causes inflation.


Some progressives have frequently blamed corporate greed for fueling the high cost of living that Americans are fed up with. Yet new research from the Federal Reserve Bank of San Francisco casts doubt on the greedflation theory.
Economists at the SF Fed found that corporate price gouging was not a primary catalyst for the inflation surge of 2021 to 2022.

https://www.cnn.com/2024/05/15/business/inflation-biden-rate-fed/index.html

DO YOU read clearly... "price gouging was not a primary cause!

What is 'price gouging' and why is VP Harris proposing to ban it?

Grocery retailer profit margins have surged in recent years. The idea behind a price-gouging ban is to keep corporations from excessively raising prices, but can it actually work?

abc7ny.com

MORE FACTS for you Dummy!

FACTS which dummies like you and Karma-Karma chameleon... are so ignorant of like:
FACT: What is the normal cost of goods for a supermarket to buy wholesale their supply of i.e. bread, milk,
DUMMY 68% of gross profit goes for cost of goods...


What is the normal average % of after expenses revenue by supermarkets?
Dummy 2%
Grocery stores have slim profit margins, ranging from about 1 percent to 3 percent of the sales price of an item.
Net profit margin is calculated by subtracting all costs, including operating costs and taxes, from revenue.

What Is the Profit Margin for a Supermarket?

Although Americans spend about 10 percent of their income on food, supermarkets and grocery stores don't make much off of each customer's bill. However, some items in a supermarket can have a huge margin. Overall, competition is so stiff that many supermarkets employ marketing gimmicks to...

smallbusiness.chron.com

So dummies like you and Karma-Karma Chameleon... just plain dumb when it comes to running a business.
NOW I KNOW Karma-Karma Chameleon has NO business experiences and YOU? From your comments also ZERO!

 

[Lesh]

He spoke of Hannibal lecter in several rallies. He said he was a great guy. Weird huh?

Beyond weird

 

[sealybobo]

Beyond weird

I believe he was talking about illegal immigrant murderers and then started rambling about silence of the lambs. Hannibal lecter. Great guy