General Discussion

NewJeffCT

(56,848 posts)

49. A lot of it is corporate greed

Sat Feb 12, 2022, 12:45 PM

Feb 2022

but, that doesn't account for huge increases in used car prices sold by private parties.

and there are labor shortages in some industries that are leading to increased costs for labor

there are also crop shortages caused by some extreme weather

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This isn't inflation - It is 100% corporate greed [View all] kpete Feb 2022 OP

Let me also contribute... LakeVermilion Feb 2022 #1

Yep. The markets are well setup to shake down the little people. KPN Feb 2022 #6

Small investors should not be trying to time the market. PoindexterOglethorpe Feb 2022 #22

That's dogmatic on a number of fronts as well as KPN Feb 2022 #51

Oddly enough, by holding steady in this volatile market PoindexterOglethorpe Feb 2022 #63

Understood and appreciated. Also retired -- from feds so my savings went into the TSP where there's KPN Feb 2022 #64

You might want to take a look at this: PoindexterOglethorpe Feb 2022 #66

Thanks PO. I've used smilar calculators in the past. Did a lot of runs with different ROIs and KPN Feb 2022 #109

Depends on your age dwayneb Feb 2022 #53

Yeah, that's my thinking as well -- plus I tend to keep KPN Feb 2022 #65

If interest rates were significantly higher, PoindexterOglethorpe Feb 2022 #110

Best government that money can buy DENVERPOPS Feb 2022 #108

You are so right. True Blue American Feb 2022 #29

Kick. I wish someone in the media was talking about this. Scrivener7 Feb 2022 #2

Food is the problem jimfields33 Feb 2022 #4

Fertilizer is 4x as expensive NowISeetheLight Feb 2022 #21

My Son found that out when he went to get True Blue American Feb 2022 #32

Re: Natural Gas Prices lonely bird Feb 2022 #34

If you have a freezer that is stocked... LakeVermilion Feb 2022 #23

I heard about this on MSNBC and CNN and got super pissed off. BigmanPigman Feb 2022 #9

I do that every time I shop. True Blue American Feb 2022 #35

That is how I was raised too. BigmanPigman Feb 2022 #74

That goes for anything I buy True Blue American Feb 2022 #83

You and I have a rare mentality BigmanPigman Feb 2022 #96

I heard about this on MSNBC and CNN and got super pissed off. BigmanPigman Feb 2022 #10

Not buying does the trick. True Blue American Feb 2022 #84

Don't count on the media to keep you informed DENVERPOPS Feb 2022 #68

I know, I know. BigmanPigman Feb 2022 #98

** soldierant Feb 2022 #70

Raise prices, blame it on Biden. It's how the oligarchs roll. Irish_Dem Feb 2022 #3

Oh yes, they're going to punish Americans.... SergeStorms Feb 2022 #12

Yep that is that plan. Irish_Dem Feb 2022 #16

We are bdamomma Feb 2022 #99

Yes. We are only good for making them wealthy, and we are completely expendable. Irish_Dem Feb 2022 #100

and they bdamomma Feb 2022 #102

They want that money badly. But they know they have to throw us a few bones Irish_Dem Feb 2022 #103

We know what's bdamomma Feb 2022 #104

Yes they are brazen, no longer hide anything. Irish_Dem Feb 2022 #107

So true! Rebl2 Feb 2022 #24

Meaning they're going to have Republicans do their bidding: trickle down bs, ancianita Feb 2022 #37

Putin/oligrachs/GOP are now an amorphous blob. Irish_Dem Feb 2022 #86

Or a loosely connected mafia network. ancianita Feb 2022 #90

Yep. Like Russia. Not a real country, but territory ruled by mobsters. Irish_Dem Feb 2022 #91

Nailed it. orangecrush Feb 2022 #46

Ergo, USA ... the best government money can buy. But it KPN Feb 2022 #60

The wealthy bribe corrupt politicians who lie to voters. Irish_Dem Feb 2022 #87

Time to enforce some anti-trust laws Dave says Feb 2022 #71

The oligarch's lobbyists write the laws, with loopholes. Irish_Dem Feb 2022 #72

Ding ding ding. The oligarchs want the R's in radius777 Feb 2022 #80

Total permanent power, ultimate wealth, white minority rule. Irish_Dem Feb 2022 #88

Let's give some support from our team. Vfrbgt Feb 2022 #5

You might want to post this in the Texas Group BumRushDaShow Feb 2022 #14

That's what I keep seeing on the news! NOT. dchill Feb 2022 #7

I'm beginning to see MSM blaming Biden for inflation KS Toronado Feb 2022 #15

Ya Think? Tommymac Feb 2022 #19

Occasionally KS Toronado Feb 2022 #28

That's what the Predatory Capitalists do. They try to blow smoke up our asses Emile Feb 2022 #36

Read "The Shock Doctrine" HighFired49 Feb 2022 #58

I read it. Good book. Dave says Feb 2022 #73

Way too late...this is already the talking point issue Moostache Feb 2022 #42

Ouch! You may be right ... which is why I'm 100-percent KPN Feb 2022 #67

That is the messaging orangecrush Feb 2022 #48

i work in manufacturing of non-retail goods, we've raised prices on many items 2-4x what they were. uncle ray Feb 2022 #8

I also work in non-retail lonely bird Feb 2022 #40

Work in IT? you have a golden ticket dwayneb Feb 2022 #59

Add The Meat Processors WHITT Feb 2022 #11

Bingo! lonely bird Feb 2022 #41

Now who didn't see that coming long ago? llmart Feb 2022 #13

McDonalds profits were 59% higher in what period Laura PourMeADrink Feb 2022 #17

Looked up - likely compared to the big dip at low of pandemic early Laura PourMeADrink Feb 2022 #18

Annual net income at Year-End 2021 vs Year-End 2020 NewJeffCT Feb 2022 #43

To be honest, don't really see that as an astronomical Laura PourMeADrink Feb 2022 #61

No, it's not a huge increase over 2 years NewJeffCT Feb 2022 #89

Ya... All you can really go by is online reviews Laura PourMeADrink Feb 2022 #95

No one is being forced to buy fast food Random Boomer Feb 2022 #20

Mr. Rashid should look into those corporations' balance sheets AND what contributes to the.... George II Feb 2022 #25

CEOs who raise prices get bigger bucks. CEOs who don't get removed by the investors. Midnight Writer Feb 2022 #26

+100000 moondust Feb 2022 #62

All along these fat cats that were crying crocodile tears BlueIdaho Feb 2022 #27

Those days of 'we're all in this together' are loooooong gone. spanone Feb 2022 #30

I have been yelling about this what seems like forever Scalded Nun Feb 2022 #31

Predatory Capitalism is who to blame for inflation! Emile Feb 2022 #33

The downside of monopolies... dlk Feb 2022 #38

Corporate greed is a given and a constant, but inflation is due to material costs, oil + wages andym Feb 2022 #39

Thank you orangecrush Feb 2022 #54

This is IMPORTANT! Spread the word! liberalla Feb 2022 #44

On facebook (yes I'm guity) Riverman100 Feb 2022 #45

K&R ck4829 Feb 2022 #47

A lot of it is corporate greed NewJeffCT Feb 2022 #49

Corporations only started getting greedy in 2021, apparently. mathematic Feb 2022 #50

... orangecrush Feb 2022 #55

Be careful. It's a lot more complicated than a 4 line tweet. paleotn Feb 2022 #52

Let's say it's 50% inflation 50% corporate greed dwayneb Feb 2022 #56

Simply put, revenue - expenses equal profit SonofBen Feb 2022 #57

Agree. Plus any comparison to the numbers when Laura PourMeADrink Feb 2022 #69

Amazon Skittles Feb 2022 #75

K & R & Retweeted! SunSeeker Feb 2022 #76

How about jobs that provide insulting benefits like food stamp eligibility? IronLionZion Feb 2022 #77

Same shit different day? Brainfodder Feb 2022 #78

Not 100%, there would be inflation now no matter what from screwed up supply chains... Silent3 Feb 2022 #79

BOYCOTT their Freadking ASSES.. Cha Feb 2022 #81

I don't think it's so much greed, as a concerted effort to make the Dems look bad. C Moon Feb 2022 #82

That too, they did the same thing to Jimmy Carter! Emile Feb 2022 #92

Yup Sherman A1 Feb 2022 #85

These threads Zeitghost Feb 2022 #93

Yeah I tend to agree EX500rider Feb 2022 #94

That's what I said to my husband when he asked me about the $9.99 for keto granola. Vinca Feb 2022 #97

According to Zillow my house was appreciating in value by Yanicosco Feb 2022 #101

Maybe not 100%, but definitely greed is a factor mvd Feb 2022 #105

I think there is a lot of price gouging Meowmee Feb 2022 #106