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The Red Terra@theredterra.bsky.social |
Weird, you mean the 40-60% rise in food prices we've seen in the last 4 years wasn't based on reality or supply chain issues, but rather on pure corporate greed just like everyone already knew? Thank God the government is here to do absolutely Fuck All about it except confirm what we knew already!
68 replies 1614 reposts 4073 likes
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Fourth Wall Support Group
@4thwallguide.bsky.social
[ View ] |
Not true. I'm willing to bet that they did some great insider trading about it.
0 replies 0 reposts 5 likes
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The Store
@mudsludge.bsky.social
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I was gonna comment but I feel like I might commit a ToS violation or two.
0 replies 0 reposts 1 likes
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HumbleDad - Art
@humbledadgames.bsky.social
[ View ] |
Pre COVID 20$ to fill up my tiny, old, 96 Toyota 50$ to buy essentials (bread, cheap meat, fruit/veg) Post COVID 30+$ to fill up my car 80+$ to buy essentials The one and only constant I trust anymore is Arizona Iced Tea
0 replies 0 reposts 0 likes
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DW
@dustyworm.bsky.social
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I tell you I'm absolutely shocked that large corporations took advantage of us all -- shocked I tell you.
0 replies 0 reposts 0 likes
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dvdnvl
@dvdnvl.bsky.social
[ View ] |
This is a weird take. The FTC has to go through the work to prove something, gathering facts, evidence, interviews, before they can state they found a particular action. Same as Jan 6, we saw it with our own eyes, but for the gov’t to do anything about it, the gov’t has to prove it…
1 replies 0 reposts 13 likes
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Hawaiian-ish Kelly🌺
@hawaiian-ishkelly.bsky.social
[ View ] |
I went to Subway yesterday & ordered a 6” Philly. 2 months ago it was a little over $6. Yesterday it was closer to 4 inches… less meet & vegs…with a small bag of chips & no drink was 12.97. 😮
0 replies 0 reposts 1 likes
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RogueX23🍉
@roguex23.bsky.social
[ View ] |
I'll take "No shit" for $500, Alex.
1 replies 0 reposts 3 likes
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Chris Layfield 🐻 🥩
@fattybearsteak.bsky.social
[ View ] |
The same chuds pushing for private companies taking over government services are blaming Biden for these costs. Talk about having your cake and eating it too... 🎂🛒💸
0 replies 0 reposts 13 likes
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@deepersea.bsky.social
[ View ] |
It's funny, Biden is trying to prevent further price hikes via preventing a merger, but he can't really run on that. Cause like it requires the Dems to acknowledge they've already let this happen a lot. This feels like a common theme to Dem stuff.
1 replies 0 reposts 1 likes
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Michael Bischoff
@mpbmke.bsky.social
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Old enough to remember being called a conspiracy theorist for suggesting the capitalists were doing a naked capitalism again.
0 replies 0 reposts 5 likes
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DR Drew Pinskeet
@davidralin.bsky.social
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“Growth is for suckers, let’s just sell less for a lot more.”
0 replies 0 reposts 0 likes
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Matthew Nadler
@areaman65.bsky.social
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Yes, a large portion of the price increase was based on supply chain issues, businesses just took advantage of that to raise prices even more. You did read the article, right?
0 replies 0 reposts 0 likes
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Dr Octopus
@droctopus.bsky.social
[ View ] |
That's the free market for you...
1 replies 0 reposts 0 likes
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Kaitlin Has Had Enough
@gothamgirlblue.com
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📌
0 replies 0 reposts 0 likes
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Babs 💙🐝⌛️🦋🔻
@babs05.bsky.social
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such a shock what a surprise who could have foreseen this well I go to the foot of our stairs
0 replies 0 reposts 2 likes
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Marla 🏳️⚧️
@desperatemarlas.bsky.social
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That woman in the pic should loot that fucking milk.
1 replies 0 reposts 5 likes
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Zevon Price
@zevonprice.bsky.social
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*I'm going to have a heart attack and die of not surprised.Iago.gif*
0 replies 0 reposts 0 likes
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Fat Apollo
@fatapollo.bsky.social
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I want you to make a WILD guess who this professor is funded by? Guess? sob ...guess
2 replies 0 reposts 4 likes
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John Cutting
@johncutting.bsky.social
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If only we had anti-trust and anti-collusion laws on the books already....
0 replies 0 reposts 0 likes
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Michelle Lamb
@mlamb.bsky.social
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So where are the huge fines and congressional investigations into price gouging? 🦗🦗🦗
1 replies 0 reposts 1 likes
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Deirdre Statham
@deirdrestatham.bsky.social
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I knew it was all prices inflated by greed. A record 8% inflation rate does NOT result in a 200+% increase in the price of everything. Profits over people is the corporate way. I have a degree in Economics and the math ain’t mathing.
0 replies 0 reposts 6 likes
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Soupcan Steffans
@soupcansteffans.bsky.social
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This right here is how S&D works, right?
1 replies 1 reposts 39 likes
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Bender Rodríguez
@plungerman.bsky.social
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we should study this for a few more years to be absolutely certain that the capitalists engaged in shenanigans.
0 replies 0 reposts 9 likes
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Soil Symbiont
@boleteful.bsky.social
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The title mentions supply chain disruptions so it sounds like those were indeed, real.
0 replies 0 reposts 0 likes
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Mirandelion
@mirandelion.bsky.social
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Has anyone seen crisis prices drop once the crisis is over? Our crisis is their cash cow.
1 replies 0 reposts 4 likes
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Fuzzy Mike
@fuzzymike.bsky.social
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in 2022 Biden made a couple rhetorical statements about the need to address greedflation and every media outlet published a fact check calling him a LIAR and that was that
0 replies 0 reposts 4 likes
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Cleric of Celine
@rainbowwings.bsky.social
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Not everyone knew this. There are people encased in propaganda bubbles of their own choosing who blamed Hunter Biden's hellacious cock.
0 replies 0 reposts 1 likes
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The Red Terra
@theredterra.bsky.social
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And yes, there's PLENTY that the government could do. They could impose windfall taxes on food companies, they could investigate price-fixing, they could break up these huge grocery monopolies, they could break up the 5 companies who own 80% of food brands, and impose price limits & rationing.
14 replies 49 reposts 349 likes
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Sparrow / Liz
@untonuggan.bsky.social
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Idk how much chance this actually has to pass, but some Dems at least have drafted a Price Gouging Prevention Act
financialregnews.com/bill-introdu...
Bill tracker says it's been "introduced" but 🤷 about actually getting it on the floor
www.congress.gov/bill/118th-c...
1 replies 0 reposts 24 likes
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@kanonroo.bsky.social
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The car companies did the exact same thing. Even in 2024 car companies are still trying to use the supply chain issues lie.
1 replies 0 reposts 2 likes
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Regnad Kcin
@dmax801.bsky.social
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Let me introduce you to capitalism
0 replies 0 reposts 2 likes
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J G
@gondron.bsky.social
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In a free market , the government does not punish companies , the markets punish by cutting back. If people are paying the prices then companies will keep them high.
0 replies 0 reposts 0 likes
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Ben
@yossarian1922.bsky.social
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Unfortunately, the government is owned in part, by said grocers.
1 replies 0 reposts 8 likes
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Feli en los 200x 🍵🪅🛸
@mutantoide.bsky.social
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Bc nobody, NOOOBODY is acknowledging this in the comments, allow me to be the ✨bad guy✨: BIDEN IS 1,000% RESPONSIBLE FOR THIS. YET ANOTHER REASON TO CAST HIM OUT OF ANY BALLOT, BC, THIS STARTED WHEN TRUMP WAS PREZ AND BIDEN JUST LOOKED THE OTHER WAY!?! xoxox, CoverGirl™
0 replies 0 reposts 0 likes
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@saveamerica.bsky.social
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Imagine that….this is why capitalism sucks
0 replies 0 reposts 0 likes
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Oswald Watkins Jr
@cutts.bsky.social
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Would it bother you to know that the major meat packers in the US lied about how much pork they had in storage? And that all 4 major packers fucked up badly when it came to preventing outbreaks in mostly immigrant communities in the US?
2 replies 1 reposts 23 likes
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Typhon
@lordtyphon.bsky.social
[ View ] |
Only 4 years? I thought this kind of thing has been going on longer then that... I remember shopping with my mom, in the 1980s, and seeing food prices a lot cheaper then it is these days.
0 replies 0 reposts 0 likes
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George11
@george11.bsky.social
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Bill Gates bought farm land worldwide in order to create western famine.
2 replies 0 reposts 1 likes
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Pablo
@scottsd.bsky.social
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Luckily we raised the shit out of interest rates to contain this "inflation"
0 replies 0 reposts 13 likes
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Evo Daily
@evodaily.bsky.social
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The Billionaires and their Capital Gains Corporations control everything. They are the death of Capitalism. Greed now owns the world.😣
www.theguardian.com/business/202...
0 replies 1 reposts 7 likes
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Fafner
@fafner.bsky.social
[ View ] |
"No Shit" said everyone that does their own grocery shopping.
0 replies 0 reposts 0 likes
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Quincey
@flashesofquincy.bsky.social
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You can certainly feel like it’s an inadequate response, but the whole story’s filled with real things that they’re doing that would almost certainly not be happening under a Republican admin.
1 replies 0 reposts 5 likes
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@jiminnh.bsky.social
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And it's a win-win for the corporations. They line their pockets AND they get people pissed off at Biden, increasing the chances that the candidate who will let them do whatever the fuck they want wins in November.
1 replies 0 reposts 8 likes
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Justin Noormand
@justin-noormand.bsky.social
[ View ] |
The article does mention they’re suing to prevent a huge grocery merger right now and the study gathering the data “everyone knows” had been conducted from the FTC. Now it’s time to push heavily against regulatory capture.
1 replies 0 reposts 4 likes
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@gangrstales.bsky.social
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You forgot the part where they spent the tax dollars to tell us this exciting news
0 replies 0 reposts 2 likes
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texas instruments is a scam (wallfacer rey diaz)
@newagepancake.bsky.social
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"everyone already knew" is a strong statement lol. probably like 5% of americans are aware of this.
1 replies 0 reposts 0 likes
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Hollywood Hill
@hollywoodhill.bsky.social
[ View ] |
Maybe the real inflations were the price gouging we made along the way
0 replies 3 reposts 10 likes
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birdie
@idiocracy.bsky.social
[ View ] |
Galen the Greedy.
0 replies 0 reposts 1 likes
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Socyclist 🚴
@socyclist.bsky.social
[ View ] |
Remember when they blamed all this on workers/consumers getting a tiny government handout?
0 replies 0 reposts 4 likes
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morosoph; don't mess with imperfection 🖤🐘🤍💜
@allwillbewell.bsky.social
[ View ] |
it reminds me of the twitter Internet Explorer account, except not funny.
0 replies 0 reposts 6 likes
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SueinCO
@suewain.bsky.social
[ View ] |
It gets better - FTC just got a budget cut because companies are mad that it is taking action. Sen Jeanne Shaheen (NH) responsible for cut.
0 replies 0 reposts 0 likes
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@illimij.bsky.social
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"Yeah, but this is Biden's F.T.C. so or course they found that! A little too convenient!"
0 replies 0 reposts 1 likes
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flopperdog
@flopperdog.bsky.social
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I know I'm setting myself up for a thrashing a Biden apologist here but it hasn't been quite Fuck All. Fuck Most, maybe? I agree that (a) this is 100% corp green and (b) the govt could do more, but thought the info below might be of interest to some folks.
0 replies 0 reposts 2 likes
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RobSample.bsky.social
@robsample.bsky.social
[ View ] |
There was a time when both houses of Congress would have held good faith hearings and done something to rain in predatory practices.
1 replies 1 reposts 28 likes
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Chris Doyon
@nilbog3000.bsky.social
[ View ] |
But I heard it was because of all of the rampant shoplifting (citation: one 8 second video of an organized store robbery played on Fox 10,000 times)
0 replies 0 reposts 1 likes
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Thomas Masterson
@thomasmasterson.bsky.social
[ View ] |
Shocked, just shocked!
0 replies 0 reposts 0 likes
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Ellery
@biknmusicmama.bsky.social
[ View ] |
All I am saying is, I do a farm share- and prices from the people who grow food have not gone up that much
0 replies 0 reposts 1 likes
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Catbus
@catbus.bsky.social
[ View ] |
seems like Joe Biden could earn a few votes by taking action here, but hey what do i know 🙃
0 replies 0 reposts 20 likes
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Desmond Fallout
@desmondfallout.bsky.social
[ View ] |
But the corporate monopolies have been saying its theft driving up inflation. You don't think corporations would just lie like that to have an easy excuse, do you? Sarcasm. Of course I know that's what they're doing.
0 replies 0 reposts 0 likes
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Jeffrey Terrell
@archijeff.bsky.social
[ View ] |
Thank you for this valuable and informative thread!
0 replies 0 reposts 0 likes
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Mark
@marksimploding.bsky.social
[ View ] |
The government is actually secretly depending on inflation of food and general everyday products to “stamp” runaway inflation down. (Trickle up) economics keeps all money in the hands of the rich. They don’t spend it. Keeps inflation “reserved”.
2 replies 0 reposts 1 likes
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HtownQueer HIV+
@htownqueer.bsky.social
[ View ] |
Biden will reward them with more tax breaks I love our broken system
1 replies 0 reposts 9 likes
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@paireon.bsky.social
[ View ] |
Not like it's hard to figure out, too. I knew what the real rundown was when I saw all those companies having record fiscal reports for 2020 in early 2021.
0 replies 0 reposts 0 likes