WebJul 28, 2024 · By Luis Pedro Mendizabal on July 28, 2024. A new theory of inflation has emerged: greedflation. It suggests inflation is based on corporate greed, and it is a favorite of Democratic politicians. Inflation is out of control. The US recorded an increase in the Consumer Price Index of 9.1 percent in June 2024, [1] and inflation has been above 8 ... WebSep 27, 2024 · The federal NDP is calling for a parliamentary probe of the rising cost of food to determine whether major grocery store chains are raking in excess profits. While …
Inflation and Price Gouging - The New York Times
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WebNDP demands Trudeau take action on greedflation, as Loblaws profits sky-rocket and food bank visits surge. OTTAWA – A new report from Feed Ontario shows that there is a 64 per cent increase in first-time visitors to food banks in the province and a 47 per cent increase in people with employment accessing food banks. WebOct 8, 2024 · Canada’s NDP leader Jagmeet Singh took Canada’s Thanksgiving weekend as an opportunity to virtue-signal on Twitter, where he blamed corporations and conservatives for causing “greedflation” that is gouging everyday Canadians at the cash register. Meanwhile he single-handedly props up the government whose policies brought it about. WebJul 6, 2024 · Greedflation is a term used by economists to describe a situation in which corporations inflate their prices in an attempt to increase their profits while falsely blaming the need for the increase on inflation. This can lead to increased goods and services costs, ultimately harming consumers. But before you begin researching best personal loans ... northland conference swimming