You’re not wrong that it can be inflationary, but the inflation has already happened. Besides, productivity is so high these business could afford to pay more with out a price increase, but they want to keep their margins.
Productivity is irrelevant if you sell hours, if a notary works 1 hour they invoice 1 hour most of the time f.e.
The bigger companies and a lot of companies like tech companies will have the margin to increases prices without it hurting their bottom line.
But what about the local restaurant around the corner? Or the mom and pop electronic store with a couple people working there.
I don’t have an answer to that to be fair.
You’re not wrong that it can be inflationary, but the inflation has already happened. Besides, productivity is so high these business could afford to pay more with out a price increase, but they want to keep their margins.
Productivity is irrelevant if you sell hours, if a notary works 1 hour they invoice 1 hour most of the time f.e.
The bigger companies and a lot of companies like tech companies will have the margin to increases prices without it hurting their bottom line. But what about the local restaurant around the corner? Or the mom and pop electronic store with a couple people working there. I don’t have an answer to that to be fair.