A proposed inquiry would “shed light” on why grocery prices remain so high
Greed…
The answer, as for so many others, is greed.
worked for a food distrobutor during covid and they had a meeting about jacking up prices on covid supplies and all other items. At the time I said the covid supplies was a big issue. Nope, full steam ahead. I even did a whistlr blower complaint to the FTC with all the documents. Nothing ever came of it.
My work magically got a supply of N95 masks early in Covid. It was unexpected, so we didn’t have a plan or a system for them. Didn’t think to have a limit or anything.
A crew from Albert Lee bought every single one, took them back to their store, and sold them at 100% markup.
It’s amazing how many people don’t understand this. Prices go up for a long time and almost never come down after because that would lead to losses and a stock dive. But the narrative is that it’s greed. It’s not bloody greed, it’s Capitalism’s process. Want that to change, stop putting money in the stock market.
It’s not bloody greed, it’s Capitalism’s process.
Why’d you say the same thing twice?
I’d love to, but I have 2 locked-in RRSPs that can only be invested in the stock market (from former jobs). It pisses me off to no end that I have exactly zero control over them … and have just (in the past 2 years) gained what I lost in the 2008 crash.
Fuck Wall St and fuck jobs that force me into the stock market.
I was at the grocery store yesterday. A single shrinkflation Hershey’s bar was $2.49. Some prices have doubled in 1-5 years… Are you fucking kidding me!?