New Study Exposes 'Greedflation' Impact A recent study by the Groundwork Collaborative highlights a striking trend in the current economic landscape: over half of the inflation surge in the past year is attributed to ‘greedflation,’ a phenomenon where corporations leverage excessive profit-taking. Despite a decrease in the overall pace of consumer inflation, it has settled around 3%, with recent months seeing unexpected rises. This trend persists even as prices for wholesalers show stability or decline, indicating that the inflationary pressures are not entirely driven by market fundamentals. The study’s findings emphasize that corporate profits are at record highs, suggesting a link between these profits and the sustained inflation rates. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Climb as Netanyahu Rejects Hamas Cease-Fire Deal READ MORE Powell: Fed May Cut Rates Before Inflation Hits 2% Target READ MORE UBS: Gold's Record Rally Has Room to Run Despite $2,500+ Prices READ MORE Hidden Debt: How 'Buy Now, Pay Later' Is Clouding America's Economic Outlook READ MORE Four Factors Fueling Gold's Continued Rally READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment