Vulture Capitalists 0
A Quibble:
We are not in a period of “hyper-inflation” in any classic sense of the term.
That’s a misdirection play, and I contemn Farron for perpetuating it.
We are in a period of legitimate price increases due to supply disruptions caused by a world-wide pandemic (remember the pandemic?) accentuated by a war of aggression started by a would-be Czar and exacerbated by the accompanying uncertainty.
Byt, yes, companies are using this to camouflage price-gouging. Farron’s comments about predatory corporations looking to maximize revenues by any means possible without regard to the common good are quite on the mark.
The damage done to the commonweal by predatory practices justified by the glorification of stockholder returns as promoted by the “Chicago school of selfishness economists” is incalculable and unending.
