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In reply to the discussion: Higher grocery prices ARE a result of greedflation, investigation shows: [View all]TheFarseer
(9,763 posts)65. Just talked to a Republican about this (my dad)
He blames Bidens war on fossil fuel raising the price of everything. I pointed out that we (USA) are pumping more oil than ever and given the war in Ukraine, he did a great job to keep gas prices roughly the same. Apparently that was not a good point.
He also blamed student loan forgiveness and spending in general. I said PPP loans were forgiven too and Trumps massive tax cuts added to available money in circulation. Also studies show greedflation accounts for 60% of price increases. He started in on how college costs are out of control because liberals wanted student loans annd professor tenure is bad and how no one wants to join the army because of student loan forgiveness. So changing the subject means a win for me, right?
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Higher grocery prices ARE a result of greedflation, investigation shows: [View all]
CousinIT
Apr 2024
OP
Yep. That's why Yellen's efforts using traditional anti-inflation tactics failed
Model35mech
Apr 2024
#2
Wonder how many major news outlets will risk angering their advertisers to spread this news.
progressoid
Apr 2024
#6
I RARELY hear news or media even mention corporate profits when talking about inflation.
CousinIT
Apr 2024
#9
We didn't really think food & gas were going to let people keep all that 2020 money in THEIR pockets did we?
underpants
Apr 2024
#10
I've boycotted Kellogg's cereals for years now, but I've boycotted all the rest of the other sugary crap as well
elocs
Apr 2024
#50
We have two large farmers' markets nearby. Going to them is a Saturday ritual...
Mark.b2
Apr 2024
#52
My local guy that sells excess eggs just raised his prices 50%. It ain't just big companies.
Silent Type
Apr 2024
#29
What effect does shopping for groceries w/ "cash back" cards have against personal hits due to corporate greedflation
Backseat Driver
Apr 2024
#41
