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NY Federal Reserve finds a 'significant share' of companies saying they raised prices on goods not affected by tariffs (fortune.com)

submitted 3 weeks ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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[–] Philo_and_sophy@lemmygrad.ml 5 points 2 weeks ago (2 children)

So again, we are not facing inflation as much as corporate greed.

The thing is that any grace extended to these companies will be exhausted by the time we get to actual inflationary drivers (water and food scarcity, disrupted supply chain from crumbling infrastructure, etc.)

And since Democrats continue to gaslight Americans in service to these corporations, there is a broad opportunity to organize the disaffected

[–] yogthos@lemmygrad.ml 5 points 2 weeks ago

Corporate greed is really what inflation is at the end of the day. People who own businesses make a conscious decision to raise prices for their goods because they expect to make more profit that way. Inflation isn't some force of nature that just happens.

[–] Maeve@lemmygrad.ml 1 points 2 weeks ago

First we have to remind them by showing corporate profit increases for hmm, 20? years on everyday goods most people use. Periodically a news item pops up, people grumble a bit, go back to their lives, then begin defending again.

Bird flu and eggs, for example

tp and "lingering" COVID supply chain issues

N thing and tariffs (not saying there's no effect, just that like every other excuse, it's way over-exploited)