Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes
www.usatoday.com
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Large grocery store chains raised prices well above their costs during the pandemic's supply-chain bottlenecks and product shortages, FTC report says.
mommykink
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This is just capitalism working as intended. The fact that these price increases are being sold as some kind of abnormality is some real neolib brain in action. It isn’t “greedflation,” it’s literally the same capitalism we’ve lived with for centuries.

It was on a bit of a speed run for a while there. Things don’t normally jump $1-4 in a single leap.

@mlg@lemmy.world
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Yeah I knew we were screwed when places like Walmart were still “complaining” about covid supply chain shortages well into 2023, despite the fact that some local farmers were selling eggs so cheap that people where trying to figure out what the “catch” was.

Filed in the “No fucking shit” folder.

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