Re: Three Body Problem

Chris Buckley  <alan@sabir.com> wrote:

Please give citations to the studies that prove price gouging has been
done in supermarkets or that it is responsible for inflation of
grocery prices. Lots of accusations, lots of fuzzy thinking and waving
of hands, but nothing that is at all conclusive or even somewhat
convincing. Profits went up very slightly, but that's what happens you
give people hundreds of billions of dollars, directly and indirectly;
they buy more groceries!

I don't think the price gouging is happening in supermarkets so much as
in food providers that cater to lower income people in areas without
supermarkets.  (Which is another example here of how competition is a
good thing for markets.)
--scott
--
"C'est un Nagra. C'est suisse, et tres, tres precis."