2024-02-15

Watch out for publications who use the term 'greedflation' as a substitute for the real and actual causes of inflation in the US Crapitalist system.

https://fair.org/home/its-important-to-focus-on-big-companies-using-the-cover-of-inflation-to-jack-up-prices/

In this system, corporations hire workers to make products and services to sell, for customers to buy.

  • The workers don't set the prices on the products and services being sold.
  • The customers don't set the prices on the product and services being sold.
  • The corporations set the prices on the products and services being sold.

Now that this reality is known, it becomes obvious that when prices increase on products and services being sold, the corporations make more profit.

That's it. While they may do it in various ways, to say that there's a particular type of inflation that is about 'greed' called 'greedflation' is fucking asinine.

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