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 Fed's Current Economic Outlook and the Latest Rate Cut Speculations READ MORE LVMH Shines with Record Revenue in Jewelry Sales READ MORE At $2 Million Per Minute, Treasuries Mint Cash Like Never Before READ MORE Jamie Dimon Warns of Imminent Economic Cliff Due to U.S. Debt READ MORE Add a Comment Cancel replyYour email address will not be published.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