Freedomisneverfree
Diamond Member
- Jul 28, 2021
- 10,397
- 21,949
- 2,288
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
This is a problem of the government's own making.No one has suggested "price fixing". They said they would end "gouging".
Every business has "profit margins" - a percentage of markup from wholesale prices. As a banker, we had to parse financial statements to look at numerous factors over an above profit and loss. "Rate of turnover", "average collection periods" on receivables, and "profit margins". Grocery stores have raised their profit margins by 40% above costs, in the past two years.
Simply stated, if something cost $50.00 wholesale, and sells for $75.00 retail, that a 50% net profit margin. You made $25 above the cost of the goods. But if you raise prices to increase net profit margins by 40%, as grocery stores have done, raising the retail price to $85.00, now your making $35.00 on this item. And while the business was making money selling this product at $75, now you're making MORE money without doing anything whatsoever.
So if I simply increase my profit margins across my whole inventory, I'm making record profits for doing nothing. Computers make it easy to do. They'll do all of the calculations you need, and you just have to put new price stickers on the merchandise.
Conversely, to end price gouging, you don't "fix prices", you fix "profit margins". Your net profits should not exceed X% of costs. What the stores charge is still up to them, and if their wholesale costs increase, then they can raise prices accordingly, but they cannot raise profit margins.
Every industry has different profit margins. It's not a "one size fits all" item. So what your margins should be, change depending on the business.
![]()
Profit Margin: Definition, Types, Uses in Business and Investing
Profit margin gauges the degree to which a company or a business activity makes money. It represents the percentage of sales that has turned into profits.www.investopedia.com
theconversation.com

Harris has been the AG for the second largest DOJ in the country, a senator and a VP.
That's qualified.
According to who? Tulsi Gabbard?An awful AG.
According to who? Tulsi Gabbard?
She was elected two times.
/----/She's certainly not a president.
I shudder to think what the poor woman would have done had the Great Walz of China not been there.
What a PR disaster it was as it was.
I think Harris is an airhead
An empty pants suit
This interview reenforces that opinion
I think?
an Airhead?
Reinforces my belief?
and you have the gall to criticize Harris when you are offering no tangible information and all you are doing is offering your opinion!
My gawd, why don't you just put up an OP saying you are not going to vote for her because you prefer Trump. At least you would be more believable than putting up a "she bombed" statement that is nothing but opinion. Personally, I thought the interview was as good as it "needed" to be. Meaning, an interview that would show her to be a sane person that has a desire to make this country better, without giving specifics on how she would do it.
Compared to this interview of Trump, where he ranted like a total narcissist that he is, he is the one that "bombed"