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News@lemmy.world · 11 months ago

‘Greedflation’ study finds many companies were lying to you about inflation

cross-posted to:
politics@lemmy.world

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‘Greedflation’ study finds many companies were lying to you about inflation

spaduf@slrpnk.net to

News@lemmy.world · 11 months ago

cross-posted to:
politics@lemmy.world

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

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11 months ago
It’s just the natural state of capitalism. Regulation can keep it in check, but regulation will eventually falter, then fail due to regulatory capture and weakening of safeguards by politicians sympathetic to capital (read: bribed by).

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