Submitted by hugglenugget t3_yesrv3 in news
neok182 t1_iu4malb wrote
Reply to comment by richalex2010 in Shell paid zero windfall tax in UK despite record global profits by hugglenugget
Absolutely but it's bullshit that the media and right wing plane 20-100% price increases on ~10% inflation.
Saw a post last week I think showing the average price of Halloween candy up 40% pre-pandemic. Inflation isn't 40% so that's just price gouging.
From gpus and cars to basically every single item in your grocery store it's 10% inflation and 90% corporate greed, profiteering and price gouging.
chapstickbomber t1_iu69gap wrote
Profits are up $1T, 4% extra share of GDP, and some people don't see that as proof of price gouging. It's pretty fuckin funny.
neok182 t1_iu6ax77 wrote
I know. Open your freaking eyes people. They are even bragging about it on quarterly profits. I think it was target that had a quarterly call where they actually said oh we have to stop raising prices because we hit how high people will actually spend on essentials.
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