Supply chains, worker wages and the price of energy has been blamed for the current bout of high inflation. But central bankers around the world are starting to clue in to something consumers have been aware of for a while — corporations just aren’t afraid to raise their prices anymore.
Here’s a fun anecdote. Apple, Warner Bros (HBO), and Google built an enormous new mega office complex in Culver City LA, that combined has like 6,000 employees or something. It’s absolutely massive and has destroyed the infrastructure of that area since basically none of the employees live in the area and they all drive in. It just opened last year.
All three raised the prices for their streaming services this year. But yeah, I’m sure it’s just inflation.