system
A chat on subreddit /r/wallstreetbets
human
Why are prices by these companies being increased “due to inflation”, but they’re making record profits price gouging everyone this isn’t capitalism it’s greed and it should be illegal. I would understand “if they had to pay more” and they made a small profit compared to previous years but the “record breaking profit” proves otherwise. The government needs to tax the shit out of them for the ways we’re being taxes.
gpt
This happened across a lot of industries, there are earnings calls with CEOs openly bragging about how they only needed to raise x percent due to inflation but were able to raise it further to make more profits. The crazy prices we have definitely involve inflation but a lot involve some good ol corporate overlord greed as well knowing people will still buy them, specially the necessities.