Tag: Greedflation

Report: ‘Greedflation’ driving high prices

As corporate profits remain at all-time highs, a new report shows that more than half of rising consumer prices in 2023 were caused by corporate greed, or “greedflation.” Elizabeth Pancotti – strategic advisor with the DC-based think tank Groundwork Collaborative – said before the pandemic, corporate profits drove just 11%[Read More…]