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Old 11-28-2023, 11:11 AM   #8997
GrantDawg
World Champion Mis-speller
 
Join Date: Nov 2000
Location: Covington, Ga.
I was just reading an article on why Diet Coke has gotten so high, and the answer was because it can. Inflation didn't affect sales numbers, so it proved they could raise prices without consequences. Coke just now is saying they have probably hit the upper wall and won't likely raise the price more anytime soon, but they have no intention of lowering it. They have moved their profit margin up to double digits and aren't going to let it go back down.
That is true across all grocery prices. Sales stayed steady as the prices soared. Now that cost has come down, they see no reason not to continue with the same prices or even to continue to raise some. It is how a free market works, yet somehow the government gets the blame for it.

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Last edited by GrantDawg : 11-28-2023 at 11:11 AM.
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