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462 points JumpCrisscross | 1 comments | | HN request time: 0s | source
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jameslk ◴[] No.45078256[source]
> Repricing, though, isn’t as easy as changing a tag—in part because suppliers and big-box stores are engaged in an epic tussle over who will pay what.

> Retailers, including Lowe’s and Home Depot, buy Thompson Traders’ wares and set the retail price themselves. And they have been reluctant to pay Thompson Traders more.

It seems like this sort of scenario would benefit from some kind of risk protection, like insurance, or a futures market

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brutal_chaos_ ◴[] No.45078316[source]
So more middlemen to make the cunsumer pay even more, joy.
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jameslk ◴[] No.45078359[source]
Consumers will pay more regardless in this type of circumstance. But they will pay less if businesses don’t suddenly start going out of business, eliminating competition and jobs
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Braxton1980 ◴[] No.45078624[source]
Doesn't insurance normally work by protecting rare instances whose cost is amortized over the base?

This would be a claim by a large amount of insurance clients at once

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1. ◴[] No.45078769{3}[source]