The findings suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election.
There’s no for profit corporations that are going to eat even ¢1 of these added costs. Rest assured, even if they aren’t passing the cost directly. They are laying people off, shrinkflation, Bankruptcy, etc. We are the most greed society in history. So the people are paying one way or another.
Edit: Forgot bailouts. If any bank even gets close to closing the American tax payer will be ensuring no large bank has to lose a dime. Once the Ai bubble pops you can bet Microsoft and Palenter are getting bailed out.
Agreed with all but that first bit. Unless they collude with all their competitors, all at once, they have to eat some of the cost. The path they seem to have chosen is small and ongoing price hikes.
Maybe some companies are taking a hit to profits? At least for a period, maybe slowly increase prices
There’s no for profit corporations that are going to eat even ¢1 of these added costs. Rest assured, even if they aren’t passing the cost directly. They are laying people off, shrinkflation, Bankruptcy, etc. We are the most greed society in history. So the people are paying one way or another.
Edit: Forgot bailouts. If any bank even gets close to closing the American tax payer will be ensuring no large bank has to lose a dime. Once the Ai bubble pops you can bet Microsoft and Palenter are getting bailed out.
Agreed with all but that first bit. Unless they collude with all their competitors, all at once, they have to eat some of the cost. The path they seem to have chosen is small and ongoing price hikes.