#inflation

As Dean Obeidallah says, there's a reason Trump and Republicans are freaking out at Kamala Harris' proposals to deal with greedflation as a huge cause of inflation:

Their super-rich donors don't want that fix to take place, since it would curb their greed-generated profits. The American people DO want this fix, and Harris is fighting for what the majority of us want.

#KamalaHarris #Trump #inflation #economy #greedflation
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https://deanobeidallah.substack.com/p/gop-is-freaking-out-over-harriss

#SenWarren effort to keep stores from exploiting customers.

"On Monday, Sens. Elizabeth Warren, D-Mass., and Bob Casey, D-Pa., sent a letter to Kroger CEO Rodney McMullen that questioned the grocer’s rollout of #ElectronicShelfLabels, arguing the technology could make it easier to increase the price of high-demand items."

@pluralistic , sounds like an anti-twiddling letter.

https://www.cnbc.com/2024/08/07/2024-election-inflation-grocery-prices-a-top-issue.html

#ConsumerProtection #Kroger #inflation

@pluralistic delivers the goods again pulling #SurveillanceCaptialism, #PersonalizedPricing, #Monopolies, #Inflation, #FederalReserve #InterestRates, #DMCA, and #IP #Law together into the best description I've seen of how monopolies are fucking each and every one of us. Every. Single. Day.

With a word to the wise:
"any time a company gives you a hard-sell to order via its apps rather than its storefronts or its website, you should assume you're getting twiddled, hard."

https://pluralistic.net/2024/06/05/your-price-named/

As #inflation declines its now clear that at its peak, there was a major difference in how it was experienced by the rich & poor;

you'll be unsurprised to see that lower income household were experiencing worse inflation than richer households;

though more recently, the differential has been most pronounced between households with & without #mortgages - those with mortgages experiencing worse inflation in September according to the ONS;

as always #inequality patterns the UK's economy

BIGONG PILIPINAS (FAILED PHILIPPINES)

Rising inflation, especially rice prices
Widening budget deficits
Ballooning debt
Depreciating peso vs the $
Billions in unaudited confidential funds
Maharlika Fund's threats to public coffers
Budget cuts to education, health
Disinformatiom campaigns
91% learning poverty rate
PhilHealth data leak

The priority: songwriting contest

*JC Punongbayan's post

#Philippines #Tootsea #Asia #Slogan #Inflation #Corruption #Filipinos #EconomyPH #MaharlikaFund

Tomatoes in the Ph are now sold for P170/kg ($3/kg). The country still doesn't have an agriculture minister. There's no need. All is well.

#Vegetables #Philippines #Agriculture #Food #Tomatoes #Inflation #Prices #Filipinos #Incompetence #PhilippineStar

https://www.philstar.com/headlines/2023/08/26/2291460/vegetable-prices-spike-tomatoes-p170-kilo

In the Ph, poor man's fish "galunggong" is now P150/kg.

#Fish #Inflation #Poverty #Food #PhilippineStar #TootSea #Asia #Philippines #Sea #Filipinos #Fisheries

https://www.philstar.com/headlines/2023/08/19/2289732/galunggong-price-reaches-p150kilo