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JR
John Ross
@johnrossmd.bsky.social
Canadian in Boston. Hospitalist. FIDSA. Atmospheric CO2 421 ppm. #M4A #RaisetheWage #blacklivesmatter #IDSky #GoHabsGo amzn.to/3TENUhS
1k followers724 following1.6k posts
JRjohnrossmd.bsky.social

“Cheapflation”: costs of budget brand consumer goods rose most sharply during the inflation spike, and failed to fall when it was over. This Harvard Business School article doesn’t mention the most likely cause: profiteering hbswk.hbs.edu/item/chartin...

Graph showing that the costs of the cheapest consumer brands rose most sharply during the inflation surge. These costs did not fall when prices abated
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ETeltopo71.bsky.social

But of course. When you raise prices you don't do so on your low-volume items.

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Profile banner
JR
John Ross
@johnrossmd.bsky.social
Canadian in Boston. Hospitalist. FIDSA. Atmospheric CO2 421 ppm. #M4A #RaisetheWage #blacklivesmatter #IDSky #GoHabsGo amzn.to/3TENUhS
1k followers724 following1.6k posts