We no longer live in a capitalist economy but a scoop and grab economy. Capitalism bases prices of any item on supply, demand and competition. Normally, about 33%-50% markup. The Scoop and Grab economy we have now bases prices on rumor and here-say. Case in point: The markup for Pizza Hut pizzas are a whopping 1500%! Ladies and Gentlemen, boys and girls. This are NOT reasonable prices but what market says they want for investing into businesses(ie The Stock Market). Therefore, prices are FIXED now by investors in The Stock Market.
Posted on: Mon, 21 Oct 2013 04:22:10 +0000