#greedflation — Public Fediverse posts

“To put this same story another way, the #European #carindustry in the early 2020s was a prime example of #greedflation i.e. companies taking advantage of the COVID shock and other disruptions and to hike #profits at the expense of #consumers” open.substack.com/pub/adamtooz...

Chartbook 460 Greedflation mee...

Keine #Rendite mit der #Miete! Streichen bei den Reichen! Wohnraum

#WohnenVergesellschaften #politik #wohnungspolitik #berlin #gesellschaft #gier #greedflation #leben #solidaritaet

Keine #Rendite mit der #Miete! Streichen bei den Reichen! Wohnraum

#WohnenVergesellschaften #politik #wohnungspolitik #berlin #gesellschaft #gier #greedflation #leben #solidaritaet

@Dtraslerwriting

I like the idea of #UBI

But it needs to go with serious consumer protection and antitrust regulation. Otherwise, that money's just going to get sucked up by #greedflation

Same as those Covid checks.

@Dtraslerwriting

I like the idea of #UBI

But it needs to go with serious consumer protection and antitrust regulation. Otherwise, that money's just going to get sucked up by #greedflation

Same as those Covid checks.

How about this little gem:

“In short:
Electricity retailers have issued notices of rate increases to customers, despite the default offer falling in many markets.
A comparison service says some retailers appear to be raising their cheapest prices to claw back profit.
What's next?
Energy Minister Chris Bowen has asked the regulator to investigate whether the price hikes and how they have been communicated to customers breach rules.” (Source ABCNews)

News for you #ChrisBowen… if the rules aren’t breached and #GreedFlation is evidenced, Change The Fucking Rules! That’s what you’re in govt for after all. Sheezzz.

#AusPol #EnergyMarkets #NEM

How about this little gem:

“In short:
Electricity retailers have issued notices of rate increases to customers, despite the default offer falling in many markets.
A comparison service says some retailers appear to be raising their cheapest prices to claw back profit.
What's next?
Energy Minister Chris Bowen has asked the regulator to investigate whether the price hikes and how they have been communicated to customers breach rules.” (Source ABCNews)

News for you #ChrisBowen… if the rules aren’t breached and #GreedFlation is evidenced, Change The Fucking Rules! That’s what you’re in govt for after all. Sheezzz.

#AusPol #EnergyMarkets #NEM

@ChrisMayLA6
It’s plainly obvious that Reserve Banks do not have the tools required to actually control #inflation due to #Greedflation and mired in the #NeoLiberal falacies as they are, most of these are blind (resigned?) to that.

[edited for typos]

We’re all suffering the impact of #neoliberalism in one way or another. Growing #WealthInequity due to #FinancialDeregulations; increasing #CostOfLiving due to #Greedflation; and low quality of #SocialServices delivery due to #StateCapture. So it’s no surprise that we live in an economic climate ripe for another dambusting crash that will take us all down with it. Of course, it can all be stopped before there’s no way out of the disaster (both economic and ecological). All that is required is political will. If a madman like #tRump is able to upend USian social and democratic institutions to suit his liking, imagine what a social minded leader could do. It’s not as if no one knows of alternatives to deliver better outcomes for all.

Here is an Australian perspective:
https://socialjusticeaustralia.com.au/alternative-to-neoliberal-economics/

#AusPol #SocialDemocracy #DenisHay #SocialJusticeAustralia #SustainableDevelopment #WealthRedistribution #SocialSafetyNet #NoBillionaires #TaxTheRich #Antifa #AntiOligopoly