Submitted by n1ck90z t3_124eypt in wallstreetbets
SateliteDicPic t1_jdzgis7 wrote
Reply to comment by n1ck90z in Who is taking the extra profit here? by n1ck90z
Prices for the consumer will not fall unless the economy enters a deflationary phase which economists tend to view as negative.
Consider an example. Back in or after the GFC oil spiked higher and airlines added fees that were implemented so they could “survive.” All those fees are still being charged today (baggage fees, etc) to my knowledge. Once an industry manages to condition consumers to certain fees, price points, etc they will not roll those changes back until forced to by market conditions or regulation.
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