this post was submitted on 01 Oct 2023
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Inflation was caused by one major grocer just randomly deciding to increase food prices because they knew they could get away with it.
When that's the take even economists are walking away with, you know it's egregious. And OFC our governments did jack fucking shit.
Source? I don't disbelieve you necessarily but I'd love to read more
They call it greedflation.
Go and check what the money printers are doing and then decide if you think one major grocer is causing inflation. Maybe they impacted it but it wasn't caused by them.
Inflation is a feature, not a bug.
Money printing = inflation is an outdated economic model. It's all about value created vs purchasing power.
You can brr the printers all night but none of that's going to make a difference if it's all sitting harmlessly in a swiss bank account.
I personally think wealthy billionaires love inflation because more people go into debt and they get more money
Inflation all over the world was caused by one major grocer? Wild