Inflation caused by corporate greed or not: a mystery : NPR

The main suspects differ across party lines. Many economists and politicians on the right say inflation has been caused by government spending and various aid programs (stimulus checks, student debt forgive… See more

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The Mystery Of Rising Prices. Are Greedy Corporations To Blame For ...

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Nov 29, 2022 · Wholesale prices (the cost of the raw materials companies buy to make the stuff they sell to us) are up more than 8% over last year, compared with consumer prices, which are …

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Are Greedy Companies To Blame For Grocery Inflation? We Looked …

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Sep 9, 2024 · Are greedy corporations to blame for inflation? ... grocery prices grew a cumulative 25.6%. That's higher than overall inflation, which was 21.6% during that same period. ...

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In the United States at the end of November 2022, prices were running 7.7% higher than the year before. The rates of increase varied, with gas prices and the cost of eggs showing some of the …

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FAQs about Inflation caused by corporate greed or not: a mystery : NPR Coupon?

Are greedy corporations causing inflation?

Some say greedy corporations are the culprits. Everyone agrees inflation is happening. What they don't agree on is whodunit. The most recent numbers show prices up 7.7% over 2021. But for some items like eggs, health insurance and gasoline, prices have been rising much faster than that. ...

Is corporate greed a good mystery?

(Corporations, in aisle 4, with the price gun.) As in any good mystery, we look to our clues. In the case of corporate greed, there are a couple of rather compelling ones. First, corporate profits: They reached an all time high this year. Many companies saw profits hit record highs. This, naturally, raises some eyebrows. ...

Are grocery prices rising?

She's not imagining it: From February 2020 to this July, grocery prices grew a cumulative 25.6%. That's higher than overall inflation, which was 21.6% during that same period. "We have no other choice — we have to buy groceries," says Navarro, who lives in Houston. "That's a basic need. ...

Why are corporate profits rising?

The increase in corporate profits tracks with what’s expected to happen when prices rise due to supply and demand imbalances, said Neil Bradley, chief policy officer at the US Chamber of Commerce. ...

Are grocery prices eroding?

Walmart and Target have started promoting discounts and lower prices. The cost of ingredients and shipping has eased; wage growth has cooled. And so, many grocery prices have been declining, including those for cereal, cheese and fruit. Economists and accountants differ on how to measure markups, but most agree that they have begun eroding. ...

Does Ariane Navarro think grocery prices are rising?

Ariane Navarro thinks so. She recently pulled up her budgeting spreadsheets from 2021 and was shocked by how much her family's grocery bill has skyrocketed. She's not imagining it: From February 2020 to this July, grocery prices grew a cumulative 25.6%. That's higher than overall inflation, which was 21.6% during that same period. ...