Greedflation

[adrina]

 

[BabyBoomer50s]

IRS and state revenue departments should be careful not to assume the tax receipt windfall will be sustained over the long term.

 

[coati]

I deal with greedflation by not buying so much stuff. I get used stuff. I grow food. I limit my travel and entertainment to a reasonable level. I repair my own vehicles, equipment, and facilities.

I avoid greedy businesses. Let them experience some loss of business.

 

[BabyBoomer50s]

I deal with greedflation by not buying so much stuff. I get used stuff. I grow food. I limit my travel and entertainment to a reasonable level. I repair my own vehicles, equipment, and facilities.

I avoid greedy businesses. Let them experience some loss of business.

People like you are the problem. How dare you exercise your market power.

 

[PaxNurgle]

No; I actually think she has it spot on. I have stopped patronizing certain buisnesses that have raised their prices to far beyond what is a reasonable or appropriate level. For instance, the local theater chain, where even a small drink can cost more than $5.

 

[wizzard426]

No; I actually think she has it spot on. I have stopped patronizing certain buisnesses that have raised their prices to far beyond what is a reasonable or appropriate level. For instance, the local theater chain, where even a small drink can cost more than $5.

Yet, JaxGargle still pays 50 to see more woke bullshit financed by Harvey Weinstein

 

[coati]

Greedflation is partially caused by greedy vendors, but partially caused by people who have reduced their sense of humanity to being insatiable consumers.

 

[carlsnap12]

It's all greedy corporations. This has nothing to do with our government printing trillions of dollars, driving up the price of literally everything, lol.

 

[RobDownSouth]

Hmmm...when did both Powerade and Gatorade go from 32oz bottles to 28oz?
I missed that one.

 

[Lazaran]

This:

https://www.newsweek.com/kroger-executive-admits-company-gouged-prices-above-inflation-1945742

belongs here, (Nod to jaF0)

Greedflation IS and WAS veeeeeeery REAL.

To those who LIED and GASLIGHTED while DENYING the REALITY / EXISTENCE of Greedflation, I say:

APOLOGIZE!!!

NOW!!!

 

[butters]

this is why the greedy corps are furious about Lina Khan and the FTC

"This is not at all surprising," Drew Powers, the founder of Illinois-based Powers Financial Group, told Newsweek. "Companies across multiple industries have been posting record profits since the COVID-19 crisis while consumers have faced the highest inflation in recent history. The math can only point to companies raising prices above the general level of inflation. As the old saying goes, 'Never let a good crisis go to waste.'"

 

[SmokingFap]

THIS is what Kamala wants to put an end to.

I think the vast majority of Americans will support her.

 

[SmokingFap]

MAGA: Capitalism must be protected at any cost!

Also MAGA: Stuff costs too much thanks to Biden and Kamala, the Communists!

MAGA, don't your brains hurt from all the twisting and contorting to reconcile your insane views with reality?




Trick question. MAGA has no brains.

 

[adrina]

 

[Politruk]

It's all greedy corporations. This has nothing to do with our government printing trillions of dollars, driving up the price of literally everything, lol.

No, it doesn't.

 

[JoePepsiCo]

Good lord,


Now we know why Adrina cannot even spell entrepreneur...

 

[adrina]

Good lord,


Now we know why Adrina cannot even spell entrepreneur...

Grow up dumb fuck.

 

[TastySuckToy]

If people are concerned about the prices of goods, they need to look to the entity that controls the value of their money. ie: the government.

 

[Politruk]

People feel about "shrinkflation" as if it were something criminal.

But whoever thought of it -- whatever exec first had the idea, "We can sell less of the product per packaged unit at the same price -- most people won't even notice!" -- we may be sure that person got a bonus and a promotion.

It's simply the logic of capitalism.

 

[Politruk]

If people are concerned about the prices of goods, they need to look to the entity that controls the value of their money. ie: the government.

Monetary policy ain't gonna help here. The problem is wages not keeping pace with prices -- the economy has been expanding since 1980, profits have soared while real earnings have stagnated -- and that is only a matter of who has the power as between labor and management.

 

[TastySuckToy]

Monetary policy ain't gonna help here. The problem is wages not keeping pace with prices -- the economy has been expanding since 1980, profits have soared while real earnings have stagnated -- and that is only a matter of who has the power as between labor and management.

That's because nothing is more profitable for companies than large numbers of workers competing for far fewer jobs, especially if you can get abundant illegal workers who work for less than minimum wage and under the table.

 

[Politruk]

That's because nothing is more profitable for companies than large numbers of workers competing for far fewer jobs, especially if you can get abundant illegal workers who work for less than minimum wage and under the table.

They don't even need immigrants when they can offshore the jobs to countries where labor is cheaper. Why does nobody in either party ever campaign on putting a stop to that?!

 

[deckardB26354]

Good lord,


Now we know why Adrina cannot even spell entrepreneur...

Well we know how you spell nazi…T R U M P.

 

[RobDownSouth]

People feel about "shrinkflation" as if it were something criminal.

But whoever thought of it -- whatever exec first had the idea, "We can sell less of the product per packaged unit at the same price -- most people won't even notice!" -- we may be sure that person got a bonus and a promotion.

It's simply the logic of capitalism.

Grandmothers have noticed the 27% decrease in Betty Crocker baking mixes over the past two years.
Children and grandchildren complaining that Grandma's cookies taste.....different.....lately.

 

[RobDownSouth]

They don't even need immigrants when they can offshore the jobs to countries where labor is cheaper. Why does nobody in either party ever campaign on putting a stop to that?!

Global telecommunications have let that particular genie out of the bottle, I doubt there is a way to put it back in.