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   OccuWorld (occuworld@syzito.xyz)'s status on Sunday, 10-Dec-2023 00:47:43 JST OccuWorld

   ‘Greedflation’ study finds many companies were lying to you about inflation

   https://fortune.com/europe/2023/12/08/greedflation-study/

   Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic “inflation”.

   #ClassWar #impoverishment #gentrification #division #distraction #profitmotive

   • Embed this notice
     🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Sunday, 10-Dec-2023 00:47:42 JST 🎓 Doc Freemo :jpf: 🇳🇱

     in reply to

     @OccuWorld

     "Greedflation" not this conspiracy theory nonsense again.

     We knew when we shut down the economy for as long as we did it would destroy the economy, economicsts said as much.

     We also knew when Trump engaged in massive QE that it would prevent the short-term economic crash but replace it with massive inflation and long-term harm...

     Here we are seeing the exact consequences every expert knew and predicted, and yet despite that people are coming up with all sorts of nonsense to find an excuse that is anything but actually admiting lockdowns cause massive harm.... come on people this one isnt even subtle.

   • Embed this notice
     🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Sunday, 10-Dec-2023 03:35:10 JST 🎓 Doc Freemo :jpf: 🇳🇱

     in reply to

     @OccuWorld

     What are you even on about. Inflation stands to harm us all inthe long term, but no, right now we arent dealing with record homeless or starving... in fact the rate of people below the poverty line (which adjusts for devaluing of money) is not significantly worse than it was preinflation. In fact while inflation will harm us that's a long term thing.

     I am in no way pro-trump but I also find it funny how all the pro-biden people are raving about how the economy is great under him, that is until the anti-corperate bs gets thrown in the mix. Its like whatever first the narrative you want to sell is what youll say, no concern in the least for accuracy or objectivity.

   • Embed this notice
     OccuWorld (occuworld@syzito.xyz)'s status on Sunday, 10-Dec-2023 03:35:12 JST OccuWorld

     in reply to

     • 🎓 Doc Freemo :jpf: 🇳🇱

     @freemo that explains record corporate and CEO profits while their people starve and are driven homeless.

     we have had enough neoliberal billionaire utopia.