Replies to post #745187 on Mr Cooper Group Inc fka COOP

[Myplace]

Not necessarily true.

Business wants profits , BUT can only generate them if people purchase... somtimes business HAS TO LOWER PRICE , ,, BECAUSE OF CIRCUMSTANCE

its a balancing act, if to RIGID and not flexible, business signs own death warrant and goes out of business.

Gotta do the Dance :)

[Rassillon]

Businesses DO NOT always pass on costs.

Your response shows you have a fundamental lack of knowledge in this area and I would venture a guess that you never owned a business.

I have, both goods and services. Raising prices is not as easy as you -believe- it to be.

You apparently listen to other people who have a lack of actual knowledge of tariffs and probably an ideological bent that makes you WANT to believe it is true.

I suggest you spend more time assessing the situation. A lot of manufacturers in China were dropping prices to match tariffs because they were desperate for orders. So.e just shutdown completely. Why is this...... because the consumer CANNOT bear the Increase.

Now to saying you will pay for it over time... sometimes... sometimes not.... what is a bigger issue and is the actual cause of prices going up and why they always will and it will get worse..... that is the fact that we have a debt based currency. That simple fact means prices will always go up and Inflation will eventually get out of control.... if you want to be mad about something.... be mad about that. This is the reason most of my wealth is in precious metals and a few other similar things. Tariffs are barely worth your time especially since they are a one time impact wherever they hit in the supply chain.