> it's less clear why those are so much more expensive now.
It's basically, because everything else has gotten more expensive. Labor + fuel + wear and tear on equipment + raw materials.
Inflation of a single thing, will have effects on anything down stream of that thing.
And then there is the "greed" aspect, though overstated, where a company will see that costs have gone up in other sectors, so they raise their accordingly. This has been claimed, but I'm not sure how much it actually happens.
It's basically, because everything else has gotten more expensive. Labor + fuel + wear and tear on equipment + raw materials.
Inflation of a single thing, will have effects on anything down stream of that thing.
And then there is the "greed" aspect, though overstated, where a company will see that costs have gone up in other sectors, so they raise their accordingly. This has been claimed, but I'm not sure how much it actually happens.