Six months into tariffs, businesses have no idea how to price anything

I kind of welcome this. Corporations panicking and being afraid to raise prices too much, and perhaps having to take a loss because they're essentially giving away product, is the LEAST that could happen to them after their naked and abusive COVID-era gouging.

EDIT: You had years of corporate stimulus and ZIRP expanding M2, but the inflation floodgates only opened after a paltry return of a small fraction of the real wage losses the middle class and lower sustained over that period? Live by the macro grift, die by the macro grift. And I wrote-in Bernie both times.

"Companies" aren't going to suffer. Their workers and vendors will, and the whole thing cascades.

Their workers and vendors only suffer if their owners and executives decide to pass the buck of 1) poor management (not being able to set prices adequately), and 2) being in the socioeconomic class with the most influence on the most recent election. That class has expanded their wealth ludicrously during the last 3 presidential administrations, while most Americans have suffered. Any hits they take now are completely deserved, and nobly so if accepted willingly, in order to spare those lower on the ladder even more pain. (I am, of course, not holding my breath.)

"The workers only suffer if the owners deliberately act against their own interest" is "the workers will suffer" with more words tacked on the end.

"The workers only suffer if the owners deliberately act against their own short-term self-interest in order to secure their workforce, their industry, and, ultimately, the economy, over the long term," is the more correct characterization, and accurately portrays the behavior as misanthropic and illogical for anyone expecting to live beyond the next handful of quarters.

Iwata took a paycut. The least our guys could do is take responsibility.

https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-sal...