DNC did a bad job in singling out grocery for greedflation. By far the biggest greedflation influence was insurance. They did use global warming as a "marketing ploy" for cost increases though. Basically, insurance is 2 separate businesses. 1. getting more premiums than payouts + administration costs. 2. A bond investment fund.

High interest rates above inflation for so long, meant big payoffs for high premium hikes. It's ok if it means customers refuse, because they get to keep previous premiums when they do. Get to cut sales expenses in trying to get new business, and just harvest that sweet cash in order to invest in their bond fund.

The major CPI component that was sticky, and let Republican Fed Chairman keep rates high to slow economy down, was these insurance premiums.