Posted on 12/01/2023 1:20:03 AM PST by spirited irish
The term “greedflation” describes scenarios where companies use the cover of inflation to hike prices disproportionately, boosting profits at the expense of consumers. This practice has been especially prevalent during the post-pandemic recovery phase, when inflation provided a convenient pretext for such actions.
Greedflation, a term that emerged prominently during the high inflationary period of 2021 and 2022, encapsulates how some companies exploited the situation to significantly raise prices, often well beyond their increased costs. This practice wasn’t merely a reflection of market dynamics but a strategic maneuver to maximize profits under the guise of inflation.
The impact of greedflation extends beyond just numbers on a balance sheet. It directly affects families, particularly those in lower and middle-income brackets. When prices for basic necessities like food and household goods are inflated artificially, families face heightened financial strain.
(Excerpt) Read more at patriotandliberty.com ...
The answer is oil. Price of gas goes up everything goes up.
From Amazon's review of Controligarch:
Imagine a world in which you own nothing and rent everything. Most of the protein in your diet comes from bugs. You are not allowed to have more than one child, and your financial and medical data are instantly transferred to a centralized government database via a subdermal microchip.
Controligarchs warns that this will be our existence if the supranational elites of the World Economic Forum get their way.
In this book, investigative journalist Seamus Bruner—who led the teams whose findings sparked multiple FBI investigations and congressional probes into the Clintons and the Bidens—exposes the billionaires who control the levers of power that dominate every aspect of your life.
Inside this pathbreaking new book, you will discover:
Bill Gates’s $11.7 billion food takeover scheme… and the real reason he’s snapping up America’s farmland
Mark Zuckerberg’s $36 billion plot to reengineer society and force you into tech addiction
Jeff Bezos’s taxpayer-funded electric vehicle ambitions, climate hypocrisy, and $1.2 billion plan to spy on you by overseeing your “smart” home
The Soros family’s project to use its $25 billion empire to influence elections and society for the next 50 years
How World Economic Forum (WEF) founder Klaus Schwab built an exclusive club in Davos where the top 25 WEF members—now worth more than $10 trillion—have more economic power than most world governments, and how these global oligarchs are seizing control over our future
Based on a mountain of financial filings, insider documents, and corporate records, Controligarchs rips back the curtain on never-before-published revelations about the life-altering schemes that globalist elites have in store for you. This book is a must-read for anyone who values American independence and personal freedom
Spirited: Controligarchs like Gates cannot force us to consume bugs and fungi rather than our traditional diet unless he possesses power and influence over and with the food industry. It is here that greedflation makes the most sense.
As more and more Americans and people around the world struggle to feed their families, billionaires and trillionaires pulling levers of power and influence grow fatter and richer. And keep in mind that part of the overhauling and reconstruction of the world according to their schemes requires the reduction of the world's population by billions.
Famine is one way of reducing the population. Wars and terrorism is another. Then there are sexually transmitted diseases issuing in sterility and early death and the mRNA injection responsible for countless deaths of babies, children, athletes, and other people around the world.
As much as some people would like to believe that the business world--Wall Street and Corporatists---are above reproach, the hard reality is that they are not. Many of the most powerful and wealthy are no less corrupt than Biden, Democrats, and Controligarchs.
“We’re not talking about your Mom & Pop/apple pie/Rockwell thanksgiving corner store here, but of (often foreign) huge entities that answer to no one and are hostile to conservatives and conservative causes.”
Yep, and in the chain of supply they are the ones who price gouge the most. Ironic right? Biden calling out his own donors for price gouging? I can’t believe how many are actually defending these corporations and their unfair business practices considering they hate conservatives.
“I call BS to all of that. I know how computers work and they are not programmed to do that”
—
Depends on several things - who’s programming it, if the code is any good and just plain ol’ glitches that pop up now & then and are never re-programmed to correct it.
Hell, anybody that’s had auto-correct muck up something has experienced it on a micro level. (And even then, auto-correct is just doing what is supposed to do.). Accounting programs are even much more complicated and can do serious damage if a glitch occurs.
“Controligarchs: Exposing the Billionaire Class, Their Secret Deals, and the Globalist Plot to Dominate Your Life.”
—
Thanks for that recommendation.
It’s hard to believe that there are those who don’t understand there is a nasty web of WEF-type control freaks who have their fingers in so many pies - government, corporations, media, cultural interests and more, all seeking to make the world totally dependent on their goodness.
The love of money is a root of all kinds of evil.
They can sell their souls to gain the whole world, but in the end, it will get them nothing but an eternity in hell.
Thanks for the book recommendation.
In this light we can truly understand the scope of the power standing against Trump and why he and the MAGA movement are intensely hated, persecuted, and Trump absolutely must not be allowed to be elected.
AMEN to everything you said!
Up until COVID hit, my wife and I frequented a local restaurant for breakfast. After COVID ended, the prices there soared by about 100%. The problem for the restaurant was that the number of customers was very much below the pre-plandemic numbers compounded by the fact that they couldn’t find a cook for the latter part of the day. They had to reduce their operating hours. I doubt that their fixed expenses, like mortgage or insurance declined at all.
We found an alternative at one third the price. I would not be surprised if this restaurant closes permanently.
This particular example would be a mis-match between supply and demand.
I have read in the past that the U.S. has twice as many shopping malls as needed to supply the demand for their products. You can expect to see higher prices than you are willing to pay until some of them go broke.
Half of the Baby Boom is now over 65. Expect to see declines in consumer activity aside from medical services and supplies as this process plays out.
Way WAY too much of our food supply comes from other countries OR passes through another country to be processed (which is of itself insanely illogical)
So are you trying to say that business owners were not raising prices in the past out of the goodness of their hearts?
FR is now a “populist” message forum.
Agree, and especially insane when our food is picked and processed in countries known for poor sanitation. So is it is no wonder that Americans are exposed to, sickened by, and even die, from salmonella and other bad bugs
“So are you trying to say that business owners were not raising prices in the past out of the goodness of their hearts?”
No, what I saying is if their costs go up 30% then it is absolutely fair to also raise their prices 30%. They should because they deserve to still make the same profit they were before. No one should sell their products or services for less profit than they were before.
But this is not what they are doing. They are taking advantage of Biden’s screwed up policies to raise their prices 100%-150% and blame it on Biden rather than only that 30% to cover their new 30% cost increase. A 30% increase in their costs does not equate to a 150% markup over their costs even though they make the claim they are just “covering higher costs”. Their new cost was not 150%, it was only 30%.
So they are not “just covering costs”, It is straight up price gouging by 120% profit over what profit margin they were making before gouging. And when a whole industry collaborates and agree to do it in unison it is price fixing and unfair business practices and there are actually laws against this price fixing. Which is what most industries are doing right now.
I bought a 3.37 pound chuck roast to make soup today.
Was $29 dollars. Unreal.
“I bought a 3.37 pound chuck roast to make soup today.
Was $29 dollars. Unreal.”
Beef is one of those industries that is price fixing right now. And it doesn’t help that one of the middleman corporations handles almost all the beef in the country. So they can jack their prices up to what they want without any competition to keep them low.
“If we think of the Controligarch network as a beast, its head is in Geneva, Switzerland where headquarters for WEF, Big Pharma, Finance, and others are located and its body resides in corrupt Western and American governments, intelligence agencies, and so on.
In this light we can truly understand the scope of the power standing against Trump and why he and the MAGA movement are intensely hated, persecuted, and Trump absolutely must not be allowed to be elected.”
Right on the money... Wish more saw this.
Liberal troll detected.
God bless you!!!!
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