FatCatVille
Cory Doctorow, writing at his website 'Pluralistic' (you can find it on the left side Blogcrawl), makes the case that a lot of corporations, not averages Joes and Jolinas that received pandemic relief, have been driving a significant portion of the long part of thepost-Covid inflationary tail by using the entire thing as an 'excuse' to raise their prices:
Cory Doctorow, writing at his website 'Pluralistic' (you can find it on the left side Blogcrawl), makes the case that a lot of corporations, not averages Joes and Jolinas that received pandemic relief, have been driving a significant portion of the long part of thepost-Covid inflationary tail by using the entire thing as an 'excuse' to raise their prices:
...(N)ot all the price rises were temporary, nor could they all be attributed to supply shocks. Reporters who tuned into earnings calls from large, monopolistic packaged goods companies like Colgate-Palmolive, Unilever and Procter and Gamble were amazed to hear CEOs and CFOs boasting about how they were able to use the excuse of inflation to raise prices...
Imagine that!
.
1 comment:
And what has the federal and provincial governments done?
Nada, het, nicht.
Eby's and Singh's party of the people? Hello, anyone there?
The entire g**d*** country is on the take.
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