It’s Not Inflation When …
Well, technically it is.
In economics, inflation is defined as “a general increase in the prices of goods and services in an economy.” It so happens that the inflation we’re experiencing right now is due to the record profits that our largest corporations, most of which hold oligopolistic market positions, are pulling in.
Gouging monopolies, shrinkflation (portion theft), swaps for cheaper and lower quality ingredients, runaway fees, userious interest…
Let us all count the ways…