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ck4829

(36,205 posts)
Tue Jun 28, 2022, 07:51 AM Jun 2022

Greedflation: Is price-gouging helping fuel high inflation? [View all]

Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits

Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits.

Responding to that sentiment, the Democratic-led House of Representatives last month passed on a party-line vote — most Democrats for, all Republicans against — a bill designed to crack down on alleged price gouging by energy producers.

https://www.thederrick.com/ap/business/greedflation-is-price-gouging-helping-fuel-high-inflation/article_3ff4a996-4a81-5d8c-a2ee-ebfa013bce88.html

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