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Post by illinoisfisherman on Apr 14, 2024 12:22:19 GMT -5
It’s Trumps fault. Definitely
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Post by Tarponator on Apr 14, 2024 13:39:44 GMT -5
Simple math if my profit margin is 5% on $1.00 and then my cost go to $1.50 than my profit is $.75 instead of $.50. You wanna try that one again?
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Post by cadman on Apr 14, 2024 13:49:37 GMT -5
Simple math if my profit margin is 5% on $1.00 and then my cost go to $1.50 than my profit is $.75 instead of $.50. I think you forgot a zero, Also, gross profit (actually gross margin) is calculated off retail not cost. If your gross profit is 5% on $1.00, your cost is 95c. If your cost went to $1.50, the new retail would be $1.58 to keep 5% profit. If you meant 50% then the cost was 50c. A cost increase to $1.50 would mean a new retail of $3.00 for the same 50%
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Post by conchydong on Apr 14, 2024 14:35:01 GMT -5
Simple math if my profit margin is 5% on $1.00 and then my cost go to $1.50 than my profit is $.75 instead of $.50. You wanna try that one again? no but you get the point
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Post by walkerdog on Apr 14, 2024 15:17:03 GMT -5
If you want to blame it all on big corporations then why didn't they do this before? They have a profit margin to maintain as any business needs to survive. So when you have a profit margin to keep and you raise prices to meat that margin you keep the same margin not "record profits" for Fucks sake. Americans are so U.S. centric the rest of the world night as well not exist. Inflation is global. You k ow who lose is global? The corporations that jacked prices up and made record profits. Biden is a effing tool but to continue to blame him for I flation and saying three years ago when we were stacking body's in cooler trailers muh gas was only $1.80 while the world was shut down dud dur dur How do you meat a margin? Asking for Tarp.🤣
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Post by walkerdog on Apr 14, 2024 15:25:20 GMT -5
If you don't think the heads of the big corporations who feed, cloth, and supply us with dry goods talk among themselves (conspire?) to maximize profits then you're pretty naive. These corporate heads move in a social setting far different than us. A simple conversation while at dinner, or golf, or fishing, or whatever can amount to price fixing. Like I said, they live in a different reality. Our reality is either take it or not. When you stop paying ridiculous prices for things that aren't really necessary then prices will drop. There is an alternative to $16.00 burgers at McD's. For the price of one steak you can feed a family of four chicken breast for a week. Now go ahead and blame the politicians for our own actions. If you think those same corporations have to talk to anyone else to see that, when inflation increases costs significantly, they have a choice between either charging more for the same quantity and charging the same for less quantity, if they want to continue to even maintain shareholder value (let alone improve it…… you know, do their job), then you don’t know much about running a business. And I thought you claimed you were some sort of CEO or company president or something. Hopefully not for long, if you didn’t already know that simple principle.
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Post by PolarsStepdad on Apr 14, 2024 18:13:57 GMT -5
So when you have a profit margin to keep and you raise prices to meat that margin you keep the same margin not "record profits" for Fucks sake. Americans are so U.S. centric the rest of the world night as well not exist. Inflation is global. You k ow who lose is global? The corporations that jacked prices up and made record profits. Biden is a effing tool but to continue to blame him for I flation and saying three years ago when we were stacking body's in cooler trailers muh gas was only $1.80 while the world was shut down dud dur dur How do you meat a margin? Asking for Tarp.🤣 Son of a..... I guess I was projecting and it came out....
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Post by OhMy on Apr 14, 2024 18:25:31 GMT -5
If you don't think the heads of the big corporations who feed, cloth, and supply us with dry goods talk among themselves (conspire?) to maximize profits then you're pretty naive. These corporate heads move in a social setting far different than us. A simple conversation while at dinner, or golf, or fishing, or whatever can amount to price fixing. Like I said, they live in a different reality. Our reality is either take it or not. When you stop paying ridiculous prices for things that aren't really necessary then prices will drop. There is an alternative to $16.00 burgers at McD's. For the price of one steak you can feed a family of four chicken breast for a week. Now go ahead and blame the politicians for our own actions. If you think those same corporations have to talk to anyone else to see that, when inflation increases costs significantly, they have a choice between either charging more for the same quantity and charging the same for less quantity, if they want to continue to even maintain shareholder value (let alone improve it…… you know, do their job), then you don’t know much about running a business. And I thought you claimed you were some sort of CEO or company president or something. Hopefully not for long, if you didn’t already know that simple principle. I think he said he had 50 years in corporate America with the vast majority being at the top of management. He also catered food in Haiti. That's all I remember.
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Post by biminitwisted on Apr 14, 2024 18:38:23 GMT -5
‘Greedflation’ caused more than half of last year’s inflation surge, study finds, as corporate profits remain at all-time highsBut after falling from its blistering pace in 2022, consumer inflation has gotten stubbornly stuck in the 3% range—rising unexpectedly for the last two months even as wholesalers’ prices stay flat or fall. That is greedflation’s music, offering a clear bit of evidence that excessive profit-taking is happening above the raw cost of goods. And yet another progressive economic study, this time from the Groundwork Collaborative, sheds light on the problem, arguing that more than half of the consumer price price increases in the middle of last year were due to excessive profits, according to the findings. Corporate profits, by the way, remain at all-time highs.archive.is/KNq7E
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Post by richm on Apr 15, 2024 6:38:22 GMT -5
If you want to blame it all on big corporations then why didn't they do this before? They have a profit margin to maintain as any business needs to survive. How are Kroger’s & Publix’s profit margins when compared to this “before “ you speak of? Why does a place of business need to lose money? They do max out their profits but they mostly sell pre-packaged stuff. I don't see ANY businesses taking a loss to help the "people".
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Post by biminitwisted on Apr 15, 2024 11:33:25 GMT -5
How are Kroger’s & Publix’s profit margins when compared to this “before “ you speak of? Why does a place of business need to lose money? They do max out their profits but they mostly sell pre-packaged stuff. I don't see ANY businesses taking a loss to help the "people". That's fine, but at least be honest then when talking about higher prices.
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Post by luapnor on Apr 15, 2024 13:33:00 GMT -5
So when you have a profit margin to keep and you raise prices to meat that margin you keep the same margin not "record profits" for Fucks sake. Americans are so U.S. centric the rest of the world night as well not exist. Inflation is global. You k ow who lose is global? The corporations that jacked prices up and made record profits. Biden is a effing tool but to continue to blame him for I flation and saying three years ago when we were stacking body's in cooler trailers muh gas was only $1.80 while the world was shut down dud dur dur The lockdowns, shutdowns, and any other bullshit that disrupted the supply chain was orchestrated. As the largest consumer in the world, Biden owns those decisions that contributed to it. His immediate shutdown of the pipeline and everything oil related was a big contributor... despite the production of oil, it was the message that counted. The anti-oil rhetoric, the open border policies, the printing of TRILLIONS of dollars, The Inflation [Causing] Act that simply printed more money. Biden was a USA wrecking machine. The entire argument that corporations caused it is simply BS. If they could simply raise prices to make more money, why did they not do it sooner.... you know, a couple decades ago?? Why is it that logic is the first thing to go when it comes to defending the leftists? I am sure you can find an NPR story supporting your argument... that should be your first clue that it is BS.
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Post by PolarsStepdad on Apr 15, 2024 14:41:43 GMT -5
So when you have a profit margin to keep and you raise prices to meat that margin you keep the same margin not "record profits" for Fucks sake. Americans are so U.S. centric the rest of the world night as well not exist. Inflation is global. You k ow who lose is global? The corporations that jacked prices up and made record profits. Biden is a effing tool but to continue to blame him for I flation and saying three years ago when we were stacking body's in cooler trailers muh gas was only $1.80 while the world was shut down dud dur dur The lockdowns, shutdowns, and any other bullshit that disrupted the supply chain was orchestrated. As the largest consumer in the world, Biden owns those decisions that contributed to it. His immediate shutdown of the pipeline and everything oil related was a big contributor... despite the production of oil, it was the message that counted. The anti-oil rhetoric, the open border policies, the printing of TRILLIONS of dollars, The Inflation [Causing] Act that simply printed more money. Biden was a USA wrecking machine. The entire argument that corporations caused it is simply BS. If they could simply raise prices to make more money, why did they not do it sooner.... you know, a couple decades ago?? Why is it that logic is the first thing to go when it comes to defending the leftists? I am sure you can find an NPR story supporting your argument... that should be your first clue that it is BS. Yes Biden absolutely orchestrated the shut down in 2020. Before he took office in 2021. The bumbling fool is just an act. He's really an evil genius orchestrating worldwide mass chaos and mayhem. Why didn't corporations raise prices before? They did. They have And they will. And with absolutely no one to question or hold them back they will continue to do so. Until of course peole revolt and start chopping CEO heads and t hose of board members (my personal desire) or regulations, oversight, and laws for consumers are put in place. (Not as exciting and effective as mass beheadments. Plus they always except themselves from laws and regulations or pay off those in the oversight regulation of said entities. Which is exactly why they should be the next wave of beheadings. ) If Joe Q Public making a living and able to afford a house means the CEO and Executives can't afford 6 or 7. I'm perfectly OK with that. The let them eat cake mentality has once again reached the breaking point. That dude flipping burgers is not the reason your groceries have gone up 40%.
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Post by tampaspicer on Apr 15, 2024 14:44:52 GMT -5
It's funny that people are just noticing this now. It's been going on for a long time. First time I noticed it was when ice cream went from 1/2 gallon to 1/3 gallon.
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Post by luapnor on Apr 15, 2024 14:59:08 GMT -5
Reread teh post... didnt say Biden orchestrated it.
Corporations can only raise prices unilaterally when they dont fear competition and that lack of fear is supported by government intervention into the markets. Your anger is misplaced. Corporations live in the market they are in. If government protects that market then why wouldnt they raise prices. Big Pharma and big medical is one huge example. But you blame the companies. You are a good little programmed sheep.
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