Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months

With the 2024 presidential election looming, 96 percent of Americans say inflation is an important issue to them.

A new report examining the causes of inflation demonstrates that corporate greed and increased CEO pay led to higher-than-necessary costs for American consumers in recent months. The report, from the progressive organization Groundwork Collaborative, found that, in the past two economic quarters alone, 53 cents out of every dollar of inflationary price increases were due to corporate profits.

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This post was originally published on Latest – Truthout.


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Chris Walker | radiofree.asia (2024-05-12T13:40:53+00:00) » Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months. Retrieved from https://radiofree.asia/2024/01/22/greedflation-accounts-for-53-cents-of-every-dollar-of-inflation-in-past-6-months/.
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" » Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months." Chris Walker | radiofree.asia - Monday January 22, 2024, https://radiofree.asia/2024/01/22/greedflation-accounts-for-53-cents-of-every-dollar-of-inflation-in-past-6-months/
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Chris Walker | radiofree.asia - » Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months. [Internet]. [Accessed 2024-05-12T13:40:53+00:00]. Available from: https://radiofree.asia/2024/01/22/greedflation-accounts-for-53-cents-of-every-dollar-of-inflation-in-past-6-months/
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" » Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months." Chris Walker | radiofree.asia [Online]. Available: https://radiofree.asia/2024/01/22/greedflation-accounts-for-53-cents-of-every-dollar-of-inflation-in-past-6-months/. [Accessed: 2024-05-12T13:40:53+00:00]
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» Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months | Chris Walker | radiofree.asia | https://radiofree.asia/2024/01/22/greedflation-accounts-for-53-cents-of-every-dollar-of-inflation-in-past-6-months/ | 2024-05-12T13:40:53+00:00
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