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Baltimike

(4,309 posts) Wed Oct 4, 2023, 09:19 AM Oct 2023

We need to stop calling corporate profit gouging "inflation" [View all]

because it's not.

Now they seem to have downgraded into "cost of living crisis"

It's not that either.

It's corporate price gouging

44 replies

= new reply since forum marked as read

Highlight:

We need to stop calling corporate profit gouging "inflation" [View all] Baltimike Oct 2023 OP

THIS... Think. Again. Oct 2023 #1

K&R ck4829 Oct 2023 #2

Do you believe the Fed is lying? Effete Snob Oct 2023 #3

So I guess the "wage earners getting an extra peanut causes inflation" is also a lie ck4829 Oct 2023 #6

Are you trying to claim the expanded money supply House of Roberts Oct 2023 #8

So what, Trump gave the rich tons of money IbogaProject Oct 2023 #10

Inflation has many causes, one of which is adjusting prices in order to maintain or KPN Oct 2023 #12

Inflation and price gouging are the same Bear Creek Oct 2023 #32

Boiled down, yes. It's always about squeezing money out of KPN Oct 2023 #40

Well Bear Creek Oct 2023 #19

Corporations try to get ahead of inflation by raising prices Progressive dog Oct 2023 #37

Oddly self-limiting inference you make. Torchlight Oct 2023 #42

Unless you're aware of a capitalist country where prices and profits are regulated... brooklynite Oct 2023 #4

We've done it before in the US AZCat Oct 2023 #9

Price controls were considered a severe step for essential supplies. brooklynite Oct 2023 #17

Yes Bear Creek Oct 2023 #31

If you lived through Nixon's price controls Progressive dog Oct 2023 #38

In America Bear Creek Oct 2023 #20

Again, for essential goods and a limited time brooklynite Oct 2023 #24

Not the same Bear Creek Oct 2023 #29

Inflation is fixed Bear Creek Oct 2023 #30

So an increase in wholesale prices for raw materials edhopper Oct 2023 #36

thank you very much. code word for gouging. we need a 4% millianres AllaN01Bear Oct 2023 #5

The Fed needs to temporarily increase the inflation target to 3 percent. roamer65 Oct 2023 #7

ctrl z to undo Mr.Bee Oct 2023 #11

It's GREED iluvtennis Oct 2023 #13

The FED 2% inflation is an arbitrary target - NOT something set in stone. If corp profits are at NoMoreRepugs Oct 2023 #14

In my Grandpa's time they were called the "robber barons" FakeNoose Oct 2023 #15

KICK orangecrush Oct 2023 #18

Rockefeller was once asked, ''How much money is enough money?'' His response was ... aggiesal Oct 2023 #25

"Trickle-down" and offshoring. moondust Oct 2023 #27

Absolutely Bear Creek Oct 2023 #34

I've been calling it corporate gouging Marthe48 Oct 2023 #16

Yes, thank you!! Ever since Biden began Quakerfriend Oct 2023 #21

Corporate profit does not equal inflation. BobTheSubgenius Oct 2023 #22

It's PREDATORY CAPITALISM Emile Oct 2023 #23

We need to stop thinking all inflation is driven by corporate price gouging Amishman Oct 2023 #26

You can type until your fingers bleed Zeitghost Oct 2023 #28

Corporate greed Bear Creek Oct 2023 #33

Been saying this for a couple of years now. jaxexpat Oct 2023 #35

YES The Wandering Harper Oct 2023 #39

Today on DU Bear Creek Oct 2023 #41

Maybe a little bit but price gouging isn't the main cause. Elessar Zappa Oct 2023 #43

It's GREEDflation nt redqueen Oct 2023 #44