system
A chat on subreddit /r/wallstreetbets
human
The only way to stabilize prices is to raise interest rates so it costs companies more to borrow so they can pass that cost on to consumers thereby raising...

prices.

Economists should all be here with the rest of us retawds...
gpt
Yea but there’s a fine balance between raising prices and no consumer willing to pay for it…so larger more stable companies will probably sell at a loss or for small margins for sometime driving the others out of business. That’s how big companies absorb and consolidate with smaller companies to survive during a recession. It’s also how to effectively finish off zombie companies and allow good companies to continue and fresh ones to begin the cycle again where in a decade they’ll flush out the new dead crop. Raising rates to high levels periodically is healthy just saying. But I do believe we have finished off many of those companies, he’s just gotta deliver the final blow so they go bankrupt which I believe will happen in 2023 at some point, but who knows how the market will react to this besides obviously the stocks going bankrupt.

Only problem is this could create monopolies down the line like it did in 08 and 01 where several companies that survived took over there sectors by effectively buying out the rest at rock bottom prices.