What we are currently witnessing is PRICE GOUGING, NOT JUST INFLATION.INFLATION is when business owners raise prices commensurate with higher costs to make ends meet.
But when corporations are reporting record all-time profits, exponentially disproportionate to any other inflationary factors, raising prices during a crisis is NOT JUST INFLATION, it is PRICE GOUGING to capitalize on supply chain disruptions caused by a national emergency.
If there were a hurricane, tornado, flood or wildfire and vendors were charging $60 for a bottle of water, they would be arrested. We need to see some of the corporate heads who have tripled their profits on the backs of consumers being frog-marched into the Big House.
The real causes of artificially jacked-up inflation are PRICE GOUGING due to CORPORATE GREED and not enough competition because anti-trust laws have not been enforced.
We need the Department of Justice to get involved.
Home Loans 6%! When I came back from Japan in 1982 (having sold my house 4 years prior and at $60,000 less than my new home), the rate was 12.5%. It’s just one of the benefits of being in the armed forces – you are usually privileged to pay the highest home prices and mortgage rates.
poor babies , we are paying $7.27 per gallon ($1.92/litre) here in Canada .the diffrences is all extra taxes, People here are waking up to Trudeau’s carbon tax effects on their lives
I hope the country, the world, never go back to “normal”. I would prefer changes. Ending billion-dollar global businesses, expanding small business, heavily tax billionaires and end poverty, get off oil, coal, natural gas ASAP, replacing patriarchy and hierarchy while embracing partnership systems, respecting the earth instead of dominating it. I’m sure I’ve forgotten many a change needed.
I could give a crap who you want to blame, but our elected leaders whether it be POTUS, FLOTUS, Nancy, Chuckie, or whoever are not doing crap whatsoever. But what do you expect out of someone who has never worked in the past 20- 30 years, all they have done is politics and living off our money. Be they Democrat, Independent, or Republican after 2 terms BYE ADIOS, just GO!
Concretionist almost 2 years ago
Normal is what we deduce by averaging what we remember. In times of inflation, “normal” is “wow, THAT costs a lot!”
DD Wiz Premium Member almost 2 years ago
What we are currently witnessing is PRICE GOUGING, NOT JUST INFLATION.INFLATION is when business owners raise prices commensurate with higher costs to make ends meet.
But when corporations are reporting record all-time profits, exponentially disproportionate to any other inflationary factors, raising prices during a crisis is NOT JUST INFLATION, it is PRICE GOUGING to capitalize on supply chain disruptions caused by a national emergency.
If there were a hurricane, tornado, flood or wildfire and vendors were charging $60 for a bottle of water, they would be arrested. We need to see some of the corporate heads who have tripled their profits on the backs of consumers being frog-marched into the Big House.
The real causes of artificially jacked-up inflation are PRICE GOUGING due to CORPORATE GREED and not enough competition because anti-trust laws have not been enforced.
We need the Department of Justice to get involved.
Someone please wake Merrick Garland up!
Daeder almost 2 years ago
It looks like 99.9% of Americans being in favor of American Democracy.
Alberta Oil Premium Member almost 2 years ago
Well that’s good. It means that “this” can be the new normal and we can all thank Joe when things cool off a bit and prices go down.
sandpiper almost 2 years ago
I’m with her.
FrankErnesto almost 2 years ago
Republicans could do something to help, but it against their policy to interfere with private business. /S
KenseidenXL almost 2 years ago
6% mortgage? Son, I can remember when they hit nearly 20% and I’m not that old….
dflak almost 2 years ago
Home Loans 6%! When I came back from Japan in 1982 (having sold my house 4 years prior and at $60,000 less than my new home), the rate was 12.5%. It’s just one of the benefits of being in the armed forces – you are usually privileged to pay the highest home prices and mortgage rates.
habfan40 almost 2 years ago
poor babies , we are paying $7.27 per gallon ($1.92/litre) here in Canada .the diffrences is all extra taxes, People here are waking up to Trudeau’s carbon tax effects on their lives
Radish the wordsmith almost 2 years ago
Don’t let the traitor Trump republican Big Lies become normal as they take your rights away and dive the USA backwards.
The Nodding Head almost 2 years ago
What does “normalcy” look like? Is it the “normalcy” of those two white people the same for everyone? Is “normalcy” defined by the irrecoverable past?
The only normalcy is change.
1BlackLivesMatter Premium Member almost 2 years ago
Things will go back to normal when Dementia Joe leaves.
Dani Rice almost 2 years ago
This is as normal as it’s ever going to get.
Radish the wordsmith almost 2 years ago
Normal is Karen complaining.
Zen-of-Zinfandel almost 2 years ago
Just for today…Moderately Normal.
MuddyUSA Premium Member almost 2 years ago
Merrick Garland is sleep walking…really!
GiantShetlandPony almost 2 years ago
Yeah, because those prices have never gone up before, ever, ever. Sheesh, believe it or not, this is normal.
librarylady59 almost 2 years ago
I hope the country, the world, never go back to “normal”. I would prefer changes. Ending billion-dollar global businesses, expanding small business, heavily tax billionaires and end poverty, get off oil, coal, natural gas ASAP, replacing patriarchy and hierarchy while embracing partnership systems, respecting the earth instead of dominating it. I’m sure I’ve forgotten many a change needed.
zxcar1 almost 2 years ago
Home Loans 6%. Still low, I can remember a time when interest rates were hovering around 18%!!
Rich Douglas almost 2 years ago
1. Consume less.2. Experience more.
Laurie Stoker Premium Member almost 2 years ago
My gas at the cheapest station is 30 cents more than that!☹️
WilliamMedlock almost 2 years ago
During the Nixon administration, rampant inflation was normalcy.
Searcy9320 almost 2 years ago
I could give a crap who you want to blame, but our elected leaders whether it be POTUS, FLOTUS, Nancy, Chuckie, or whoever are not doing crap whatsoever. But what do you expect out of someone who has never worked in the past 20- 30 years, all they have done is politics and living off our money. Be they Democrat, Independent, or Republican after 2 terms BYE ADIOS, just GO!
zerorest almost 2 years ago
Why do the corporations game the markets when a democrat is in the white house is the question we should be asking.