politics

I'm convinced the majority of our inflation woes post COVID were due to corporate greed. 

"Consumers, particularly lower-income ones, are also becoming more price-sensitive, forgoing high-priced items or shifting to cheaper alternatives. This has forced many companies to rein in price hikes or even offer lower prices."

I'm convinced the majority of our inflation woes post COVID were due to corporate greed. 

"Consumers, particularly lower-income ones, are also becoming more price-sensitive, forgoing high-priced items or shifting to cheaper alternatives. This has forced many companies to rein in price hikes or even offer lower prices."

https://apnews.com/article/inflation-prices-interest-rates-economy-federal-reserve-f8de2672173407d3a126cc13493fed85?taid=66bca5f06a02d900017f0366&utm_campaign=TrueAnthem&utm_medium=AP&utm_source=Twitter

Political activist. Founder of mydemocracy.app and /advocacy. Host of the /politics channel. RCs may or may not = endorsements.

Money is created via banks giving loan to borrowers. The trickle effect means those first in line stand to make more whilst those at the bottom get peanuts. Corporations having the economy of scale stand to benefit more but they just like individuals are consumers of money and not the main driver of inflation.