General Discussion

Bettie

(19,453 posts)

12. And there is virtually no competition in any

Tue Sep 13, 2022, 03:20 PM

Sep 2022

industry these days.

The US has antitrust/antimonopoly laws on the books, they simply aren't enforced.

Starting to enforce them would make some very rich people very angry, so no one is willing to pull the lever on that.

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I am sorry, but I believe the largest part of inflation right now is corporate GREED. [View all] Samrob Sep 2022 OP

I agree. onecaliberal Sep 2022 #1

Greed has long been our problem liberal N proud Sep 2022 #2

Yep. OldBaldy1701E Sep 2022 #35

That's a well-founded observation. jaxexpat Sep 2022 #46

Well said! (n/t) OldBaldy1701E Sep 2022 #54

Ding, Ding, Ding,..Ding,... BINGO. magicarpet Sep 2022 #3

You are not wrong edhopper Sep 2022 #4

it's the air in the bags that really costs onethatcares Sep 2022 #19

Yeah, $5 seems to be the magic number. Coming back from a big box grocer today, that allegorical oracle Sep 2022 #33

Keep in mind... NullTuples Sep 2022 #38

As long as people are willing to fork over $5 for a bag of corn chips, GoCubsGo Sep 2022 #55

You are absolutely right. FoxNewsSucks Sep 2022 #5

And there is virtually no competition in any Bettie Sep 2022 #12

Yeah, it's really ruined the country in more ways than just the high prices FoxNewsSucks Sep 2022 #30

it's been the largest part all along Skittles Sep 2022 #6

ABSOLUTELY! n/t Wah_Guy Sep 2022 #7

Don't be sorry. You're most likely right. emulatorloo Sep 2022 #8

I'm preparring for prices to never return to where they were. NCDem47 Sep 2022 #9

They will come down a few cents Bettie Sep 2022 #13

This message was self-deleted by its author NCDem47 Sep 2022 #10

Exactly. Scrivener7 Sep 2022 #11

No, this is counterfactual to basic economics and would involve an exceedly vast Just A Box Of Rain Sep 2022 #14

Agreed! ProfessorGAC Sep 2022 #27

When did basic economics ever matter in a discussion here? grantcart Sep 2022 #37

I do wish Americans received a basic education in economics and personal finance. Just A Box Of Rain Sep 2022 #42

Nope, retail inventories are **CONTINUE** to pile up and profit margins CONTINUE to be high uponit7771 Sep 2022 #58

There is oversupply in some sectors of retail Just A Box Of Rain Sep 2022 #59

Rents and food prices leading the inflation charge andym Sep 2022 #15

Greed for sure esp grocery stores. The supply chain is much improved FloridaBlues Sep 2022 #16

Gas prices are already down substantially--about a dollar/gallon in my area. mnhtnbb Sep 2022 #17

Corporate greed is a factor, but the largest is the Federal Reserve Amishman Sep 2022 #18

GREEDflation peppertree Sep 2022 #20

Yes, yes, yes! But also . . . werdna Sep 2022 #21

Not just right now quakerboy Sep 2022 #22

Don't be sorry. It's the stone cold truth. n/t librechik Sep 2022 #23

This message was self-deleted by its author BigmanPigman Sep 2022 #24

Of course they are. BigmanPigman Sep 2022 #25

Why would you be sorry? MontanaMama Sep 2022 #26

Right.... Zeitghost Sep 2022 #28

It sure seems like it, although the cost of transportation is still high for moving goods. Vinca Sep 2022 #29

Its true that corporate greed is behind inflation & the Fed is making it worse by raising interest yaesu Sep 2022 #31

I believe MSNBC showed a short video of a meeting of CEOs in which they were bragging about pricing Samrob Sep 2022 #32

Have to agree. Rebl2 Sep 2022 #34

The next Corporate board meeting I attend will be a Barbeque. Ford_Prefect Sep 2022 #36

insulin was kind of a stalking horse. rurallib Sep 2022 #39

Why are you sorry to tell the truth? Don't be, you are correct. Escurumbele Sep 2022 #40

Agree 100% BlueJac Sep 2022 #41

This video explains why dealership and corporate greed have made and kept car prices so high. RipVanWinkle Sep 2022 #43

Agreed. I think it starts with the oil companies. LT Barclay Sep 2022 #44

No argument. dchill Sep 2022 #45

I don't know but it sure feels that way! Gas is still 4.50 even at Costco mahina Sep 2022 #47

How odd. In Houston I'm seeing gas running from 2.89 to 3.59 Bucky Sep 2022 #57

and I just paid $5.29 per gallon Emile Sep 2022 #68

Predatory Capitalism is who to blame for inflation! Emile Sep 2022 #48

Repeating something doesn't make it true. Just A Box Of Rain Sep 2022 #62

What is oil now a barrel? How much is diesel fuel? Emile Sep 2022 #64

Brent crude is currently $94.98 a barrel. Just A Box Of Rain Sep 2022 #65

. . Emile Sep 2022 #66

So? Prices have come down. Petroleum is a highly cyclical business. Just A Box Of Rain Sep 2022 #67

Not here! Emile Sep 2022 #69

Butbutbut...I thought greed was a VIRTUE Dirty Socialist Sep 2022 #49

Off topic, but I've seen news stories about mothers talking about the loss of betsuni Sep 2022 #50

When the entire country is in on a conspiracy Sympthsical Sep 2022 #51

Prices are running riot here in Sweden and Europe in general, worse than the US, as a whole. Celerity Sep 2022 #52

The thing is, a lot of this was predicted Sympthsical Sep 2022 #53

+1. N/T obnoxiousdrunk Sep 2022 #60

There is greedflation. Demsrule86 Sep 2022 #56

Just wanted to add this: Samrob Sep 2022 #61

✔️+ live love laugh Sep 2022 #63