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Greedflation: corporate profiteering ‘significantly’ boosted global prices

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  • blackpowder
    Senior Member
    • Feb 2010
    • 9231

    #11
    Believing in this flat earth economic theory is also saying our tax system is fundamentally flawed.
    If we were to discuss collusion laws that could be a sustainable conversation. Unfortunately it would involve SNC Lavalin, Lafarge and similar, so a non starter.
    If trust in our system has been completely lost, would the beginning have been unequal justice for illegal activities?
    Shell games like this are for the weak and lazy minded.

    Comment

    • blackpowder
      Senior Member
      • Feb 2010
      • 9231

      #12
      Greedflation is an egregious misnomer and a rallying cry for the fiscally illiterate.
      Inflation is a normal ebb and flow. Exacerbated this time by govts continually printing money as the elixir for all ills.

      Comment

      • blackpowder
        Senior Member
        • Feb 2010
        • 9231

        #13
        Profits shown as a percentage increase over last is also misleading.
        Doesn't indicate historical margins.
        Like saying $1M for a quarter of land is too much to pocket without considering the 60 year history.
        How many did Chuck say he farmed again. I'm sure with his logic we could find numerous people to agree he is in excess.
        Hypocritical to cash his CPP check as well.

        Comment

        • blackpowder
          Senior Member
          • Feb 2010
          • 9231

          #14
          And with no further expenditure on this matter tonight. Is it coincidence that the listed sinners are just fuel and food?
          Either the list is biased. Or fuel and food are cornerstones during crisis.
          We already know the poster is blind and drunk with bias.

          Comment

          • furrowtickler
            Senior Member
            • Dec 2004
            • 21844

            #15
            Originally posted by blackpowder View Post
            Greedflation is an egregious misnomer and a rallying cry for the fiscally illiterate.
            Inflation is a normal ebb and flow. Exacerbated this time by govts continually printing money as the elixir for all ills.
            Very well said

            Comment

            • blackpowder
              Senior Member
              • Feb 2010
              • 9231

              #16
              Companies naturally consolidate over time toward monopolies. Broken occasionally by necessity or calamity.
              Staying focused on that risk requires, if that's your desire, less Wizard of Oz distractions.

              Comment

              • blackpowder
                Senior Member
                • Feb 2010
                • 9231

                #17
                The third time I read that article I realized it was written by/for a child.
                Last edited by blackpowder; Dec 7, 2023, 19:30.

                Comment

                • AlbertaFarmer5
                  Senior Member
                  • Oct 2010
                  • 12465

                  #18
                  Originally posted by blackpowder View Post
                  The third time I read that article I realized it was written by a child.
                  Only because the intended audience are children. Or those with the fiscal literacy of children.

                  Comment

                  • blackpowder
                    Senior Member
                    • Feb 2010
                    • 9231

                    #19
                    Exactly. The IPPR is as qualified on economics as Greenpeace is on energy or food security. And yet here we are on the losing end yet again because of tactics.
                    Eventually playing the easy card to the masses will hurt us all.

                    Comment

                    • Guest

                      #20
                      Originally posted by blackpowder View Post

                      All fairly good stocks to own. Personally and for your pension funds. If we determine a cap on profits, we should establish a subsidy when unprofitable.
                      I'd like to be your landlord.
                      Definitely crop share, percentage increasing by my determination of your profits. Funds for growth and maintenance included of course.
                      By that measure, there should be a tax on John Deere. Or maybe the govt should just own everything. Best way to curb profits. Yes, a Board for everything.
                      An editorial supporting a wrong world view is also wrong. More fools believing it is the curse.
                      Looks funny when you see it in print ,lol

                      Comment

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