#12 | POSTED BY EBERLY
It's in the study highlighted by the article:
According to a recent study, the following industries have been cited as examples of corporate profiteering that have significantly boosted global prices, contributing to the concept of "greedflation":
Energy: The report highlighted the role of energy companies, such as ExxonMobil, in generating excess profits through high market power and global market dynamics.
Technology: Firms in the technology sector were noted for pushing through significant price increases that raised their profit margins.
Telecommunications: Companies in the telecommunications industry were also identified as having increased prices to raise their profit margins.
Banking: The banking industry was mentioned as another example of a sector that pushed through significant price increases to generate excess profits.
Food and Beverage: Specific companies in the food and beverage industry, such as PepsiCo, Tyson Foods, and Procter & Gamble, were cited for driving inflation higher through price increases.
Retail: Grocery store chains and fast-food restaurants, such as Starbucks and Burger King, were noted for raising prices to increase their margins.
Just 2 more indictments to go and he too can run for President as the GOP front runner!