Phil Wilson
kottke.orgAn FTC report says large grocery chains “used rising costs as an opportunity to further hike prices” and “pressured suppliers to favor them over competitors” during pandemic supply chain disruptions, while posting strong profits. https://www.nytimes.com/2024/03/21/us/politics/grocery-prices-pandemic-ftc.html?unlocked_article_code=1.ek0.t2Pr.g4n2usbxEcoa
Catherine Schmidt@kottke no sh-t!
Normal Guy@kottke This is outrageous. No wonder the average American blames Biden administration for inflation, eg higher milk prices. Where is DOJ? Investigate and sue.
Jim Vernon@kottke But how can this be? Economists have rolled their eyes and insisted that greedflation isn't real.
Rowan Johnson [has moved]
Lawrence@kottke Why, just the other day, on WAMC Roundtable, a conservative economist with placidly assuring us that this was an impossiblity, all in out heads, he calmly and earnestly explained.
Jason_Dodd@kottke Irks me that now that inflation in the US has gone back down so many 'experts' seem to discount the fact that prices did not lower.
John McFarlane@kottke if possible, please consider subscribing to EC Magazine or similar. It helps direct less wealth in a damaging direction. https://www.ethicalconsumer.org/retailers/shopping-guide/supermarkets
Ethical Supermarkets | Ethical Consumer
Which is the most ethical UK supermarket? Ethical & environmental rankings for 19 supermarkets, with best buys and which to avoid. Investigating policies from animal welfare to workers rights, palm oil production, food waste, plastics, 'freshwashing', supply chains and tax.
Robert@kottke Anyone who wonders why people think the economy is bad when the stock market is great should think about this. (Also they should think about how little the stock market benefits working voters.)
https://www.washingtonpost.com/business/2024/03/18/grocery-prices-election-wisconsin-biden-trump/
https://www.washingtonpost.com/business/2024/03/18/grocery-prices-election-wisconsin-biden-trump/
