General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCorporate Monopolies Jacking Prices Causing Most Inflation - It's Not The Fed It's The "Free Market"
Their costs went up some, so they raised prices a lot, for record profits.
Record Profits!!!
USA USA USA
RussBLib
(9,036 posts)1/3 of the inflation spike was due to used cars spiking 40%. So if you don't buy a used car, you don't feel that.
Milk and eggs up 13% or so. Did not catch all the other details. She appeared on Katy Tur's show on MSNBC earlier today.
Marthe48
(17,027 posts)It is a one-way street, though. The government keeps its hands off private businesses, but they don't keep their hands off the government, or out of the government's pockets, do they?
And I bet countless employees across the board are waiting for a raise after prices went up on so many items. What a racket.
ananda
(28,876 posts)There oughta be a law against monopolistic, fascistic
corporations.
Donkees
(31,454 posts)asiliveandbreathe
(8,203 posts)of any company, pick one, everytime they say the word "inflation"..
When looking at CEO/employee pay ratio..totally stunning...
Preaching to choir..I get it!!! Just sickening..and yet, people struggling, nope, no child tax credit for you....