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@Maryxus ("Maryxus Maddly") wrote:

If you make record profits on a vital product during a recession then you are very much price gouging, not responding to market conditions. Responding to market conditions might still generate a profit, but not more profit than you've ever made before

https://www.joemygod.com/2023/01/big-oil-sees-record-2022-profits-after-gas-prices-surge/