50-70% of the “economy” is likely fake/literal fraud
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Date: March 30th, 2026 10:25 PM Author: Richard Ames
It's really unbelievable. People look around and go "why does everything cost so much now?" Obviously part of it is the money printing, but there is basically a hidden layer of PE investors raising prices on inputs across every area of the economy.
Example: a PE firm buys a family-owned aerospace engine component maker. The company supplies a critical component that accounts for only 2% of the total cost of the engine it goes into. The PE firm sees this and says "we have pricing power" and then doubles the price out of the gate and continues to raise it every year. Because, well, it's critical and still a relatively small percentage of the overall cost of the engine. Mind you that the family that ran the business never raised prices because there was no need and they weren't actually doing anything new to warrant the price increase.
Now take this one example and multiply it across every segment of the economy. (And every part inside of an airplane engine, for that matter.) Oh, what business mastermen!
(http://www.autoadmit.com/thread.php?thread_id=5851679&forum_id=2Reputation#49782023) |
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