New Study Exposes 'Greedflation' Impact A recent study by the Groundwork Collaborative highlights a striking trend in the current economic landscape: over half of the inflation surge in the past year is attributed to ‘greedflation,’ a phenomenon where corporations leverage excessive profit-taking. Despite a decrease in the overall pace of consumer inflation, it has settled around 3%, with recent months seeing unexpected rises. This trend persists even as prices for wholesalers show stability or decline, indicating that the inflationary pressures are not entirely driven by market fundamentals. The study’s findings emphasize that corporate profits are at record highs, suggesting a link between these profits and the sustained inflation rates. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Pulling Gold out of E-Waste Suddenly Becomes Super-Profitable READ MORE Regional Banks Continue to Tumble READ MORE Bond King' Bill Gross Warns of Potential Recession and Overvalued Stocks READ MORE Warning Signs: Recent Bank Failures and the Fragile Global Financial System READ MORE Goldman Says Commodities to Gain as Central Banks Cut Rates READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment