Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows
Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows
Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes
![Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows](https://lemmy.world/pictrs/image/481b8af2-ce5f-4626-a718-d000993d01f9.jpeg?format=webp&thumbnail=256)
Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes
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Inflation roughly averages 8% over the last couple years. The price of milk has gone up 300%. These are not the same.
64 1 ReplyTo be fair, milk specifically should cost a lot more than it does because our dairy agricultural system is disgustingly abusive to cattle.
32 7 ReplyIt's also heavily subsidized
34 0 ReplyThey’re subsidized heavily which keeps consumer costs down, but not sure why that should also lead to abusing treatment
8 0 Replyis disgustingly abusive to cattle.
Also to humans. I am pretty sure there is no minimum wage law in dairy in the US.
5 1 Reply
I don't have receipts to prove it but I don't think the price of milk has changed all that much. I just got a gallon for like $2.70. Earliest receipt I can find is from Feb of last year and I actually paid a bit more.
1 0 Reply