Greedflation has hit the tipping point
If there was ever proof of “greedflation” — corporations inflating prices just because they can — it’s the price rollbacks many retailers are now touting as “for the customer” in press releases and commercials. Part of the disconnect between how people feel about the economy and the economy’s actual performance (by traditional metrics) has been what people experience daily in grocery and big-box stores and what they experience when they check on their investment accounts every few months or so. Investment metrics are off the charts, with the stock market performing ...