capitalism
capitalism
Out of context: Reply #1149
- Started
- Last post
- 1,314 Responses
- utopian1
‘Global greedflation’: big firms ‘driving shopping bills to record highs’
Large corporations have fuelled inflation with price increases that go beyond rising costs of raw materials and wages, pushing shopping bills to record highs, according to an analysis of hundreds of company accounts.
Highlighting a trend dubbed “greedflation”, the research indicates that supermarkets, food manufacturers and shipping companies are among hundreds of major firms who have improved their profits and protected shareholder dividends, giving an extra lift to prices, while the cost of living crisis has meant workers face the biggest fall in living standards in a century.
- Never let the truth get in the way of a good story Knobby.utopian
- The article admits there has been significant wholesale price inflation. So basically the farmers are profiteering off eggs.hotroddy
- nothing about the rising energy cost and fertilizer prices, transporation costs, supply chain crunch caused by those who wanted to shutdown economy 4 covidhotroddy
- farmers stuffing their mouths with cashhotroddy