Key Points
- As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
- Yet some industry watchers predict deflation for food at home later this year.
- Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
This article makes me want to vomit. All these companies and CEOs talking about inflation like it’s this intangible phantom that nobody can get a grasp on.
It’s the companies and CEOs price gouging. Call a spade a spade for Christ’s sake.
They’re incapable of sincerity.
Uh, it is?
Even massive companies like coke don’t control the entire economy and the respective levers we use to control inflation. A bottle of coke going up doesn’t cause inflation especially in our global economy.
About the only thing outside of government that’s big enough is OPEC, and we know they don’t have to do shit about anyone else.
Yeah, don’t give me that bullshit. That’s the same excuse Galen Weston used only a few years after they were found guilty of price fixing bread. Inflation is just an excuse.