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.
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!