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bilby commented on the word excuse-flation
"Excuse-flation where general inflation provides camouflage for businesses to raise prices without justification is also more prevalent in the current environment. As inflation starts to fall excessive inflationary expectations and future cost increases can be built into prices."
- Allan Fels, 'Inquiry into price gouging and unfair pricing practices', 6 February 2024. https://www.actu.org.au/wp-content/uploads/2024/02/InquiryIntoPriceGouging_Report_web9-1.pdf
February 7, 2024