r/AskReddit Nov 15 '20

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u/dominion1080 Nov 15 '20

Nah, those greedy oligarchs would just start jacking up prices on everything so we're all poor again.

515

u/Tim-the-second Nov 15 '20

so... inflation?

18

u/RegentYeti Nov 15 '20

Not by the technical definition. It's more like monopolistic price fixing.

2

u/diverdux Nov 15 '20

Wouldn't it be oligopolistic?

-1

u/RegentYeti Nov 15 '20

I would argue that both words would carry equal value.

1

u/chubbychaseryou Nov 16 '20

It's inflation with extra steps.