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Apr 2 2024

Greedflation Is Real

64 min 0 movies discussed
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One of the things we rely on is for the companies who make the stuff we need to not stick it to us, the customer. But it’s become painfully clear that’s just what happened during the pandemic and that it’s still happening today. What can we do about it?

AI Summary

Josh and Chuck dive into the phenomenon of "greedflation" - the controversial idea that companies used pandemic disruptions as cover to jack up prices far beyond what rising costs actually justified. They explore the standard explanations we've all heard for skyrocketing grocery bills (supply chain issues, stimulus checks, the war in Ukraine) while investigating whether food companies simply took advantage of unusual circumstances to boost their profit margins. The hosts examine real-world price increases that have hit everything from bread and butter to Halloween candy, questioning whether this is just capitalism doing its thing or something more problematic.


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