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 Western Demand Propels Gold ETFs to Fourth Straight Month of Gains READ MORE 56% of Americans Unable to Cover $1,000 Emergency Costs READ MORE WTI Nears $83 as Traders Respond to U.S. Economic Slowdown READ MORE BullionStar Perspectives – Rick Rule – Wisdom and Insights from Legendary Mining Investor READ MORE Bank of China Uses Digital Yuan for Cross-Border Settlement READ MORE Add a Comment Cancel replyYour email address will not be published.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