• oxjox@lemmy.ml
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    3 days ago

    No matter what kind of business you run, if you haven’t already raised your prices, you’re taking a huge risk.

    We have no idea what’s going to happen with the tariffs, what products will eventually increase 10 to 100+%, how the loss of the migrant workforce will impact food costs, how the ongoing war in Ukraine will impact fuel and crop costs, or how any of the other idiotic decisions this administration is making will impact every corner of every industry.

    I mean, I’ve personally been stocking up on supplies since November 2024. The only thing we know for sure is that this guy is currently running the country exactly how people in the 20th century feared “a woman” would run the country - emotionally and erratically with zero assurances.

    I would be terrified if I were a business owner.

    • Initiateofthevoid@lemmy.dbzer0.com
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      2 days ago

      Small businesses, maybe. Large corporations already have large enough profit margins, they’re just squirreling them away in personal accounts instead of proper rainy day funds.

      The Great Depression 2 will unfortunately outlast any stockpile one can reasonably make. Still smart to stock up on essentials, but they will only get you so far.

      Invest in sustainability where you can, everyone. Build up your communities and connections. Invest in solar, gardens, composting, tools… anything that will help keep costs down over time.