Prices are not set by how much money you are capable of spending, it’s set by supply and demand. The only time that’s not true is when a company is a monopoly and the good is something you can’t do without. Of course, a huge part of the problem is that we have way too many monopolies so yes, some companies will be able to raise their prices without pressure from competition, but you’d still be better off since not all companies are monopolies.
Prices are not set by how much money you are capable of spending, it’s set by supply and demand. The only time that’s not true is when a company is a monopoly and the good is something you can’t do without. Of course, a huge part of the problem is that we have way too many monopolies so yes, some companies will be able to raise their prices without pressure from competition, but you’d still be better off since not all companies are monopolies.