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greedflation
[ greed-fley-shuhn ]
noun
- a rise in prices, rents, or the like, that is not due to market pressure or any other factor organic to the economy, but is caused by corporate executives or boards of directors, property owners, etc., solely to increase profits that are already healthy or excessive:
He thinks this is just greedflation, an attempt to manipulate the economy, and that it will backfire and have unintended deflationary effects.
Other yĐÄvlog Forms
- ˛ľ°ůąđąđťĺ¡´Úąô˛šÂˇłŮžą´Ç˛Ô¡˛š°ů¡˛â adjective
yĐÄvlog History and Origins
Origin of greedflation1
Example Sentences
This has fueled public frustration with so-called "greedflation"â a term describing large corporations raising their prices during times of crisis.
Ultimately, our study highlights the value of local food systems in the era of corporate concentration and "greedflation" in Canada's food system.
Vice President Kamala Harris also made grocery prices a part of her 2024 presidential campaign, noting that she would seek to fight price-gouging and âgreedflationâ if elected, a stance that starkly divided the grocery industry.
The company is not only seeking financial restitution, but it is also raising questions about fairness and competition during a time when âgreedflationâ is a hot topic, both culturally and politically.
In its lawsuit, McDonaldâs is seeking a trial by jury, a move that could thrust the ongoing debate over âgreedflationâ back into the spotlight.
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