Shows how out of control inflation is
Shows how out of control inflation is
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32 comments
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Stop saying this is inflation.
It's the result of a handful of corporations owning the majority of food products.
And then realizing people need food regardless of cost, and if they all raise prices at the same time there's very few other options.
It's price gouging, plain and simple.
Quick edit:
The graphic is from Faux News....
Obviously it's going to misrepresent this
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Of course it's bullshit. The sky always has to be falling on Faux News, that's how they keep the viewers scared, angry, and watching.
MSN puts it at about $50:
Even Snopes puts it at about $50 (last year's pricing): https://www.snopes.com/articles/464088/kevin-groceries-home-alone-cost-today/
So Fox, as usual, is full of fearmongering shit.
I'm not trying to downplay the idea that stuff is getting too damn expensive, it really is out of hand, just that Fox is garbage.
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This is the end game for corporations in a capitalist economy. You start with a bunch of little companies. They eventually winnow themselves out until there's only a few companies. Those companies then form a monopoly or a cartel and then they dictate prices to the consumers. All the while they're decreasing their costs and providing the least amount of product for the highest price.
It's a race to the bottom. Unfortunately this system is all we've got.
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Yeah this is a bad post. Thanks for calling it out.
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32 comments