Damon KiesowApr 13, 2024
How does The Onion stay in business?
Show threadNicole Parsons

@dkiesow

Inflation isn't "revving up".

Inflation is being manufactured. Corporate profits are at a 50 year high, from price gouging.

Corporate profiteering is what is driving price increases.

https://www.theguardian.com/commentisfree/2024/apr/11/companies-inflation-price-gouging

https://www.thenation.com/article/politics/inflation-price-gouging/

https://inequality.org/research/inflation-price-gouging/

https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/

https://groundworkcollaborative.org/news/new-groundwork-report-finds-corporate-profits-driving-more-than-half-of-inflation/

https://www.casey.senate.gov/news/releases/greedflation-casey-releases-report-exposing-big-corporations-for-price-gouging

Companies are using inflation to price-gouge Americans – and making it worse

Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high prices

The Guardian
Apr 13, 2024 at 5:38pmWeb
Show threadThe Mïghty KräckenApr 13, 2024
@Npars01 @dkiesow
This is what happens when corporations are not properly regulated.