this post was submitted on 03 Aug 2024
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[–] capt_wolf@lemmy.world 142 points 3 months ago (3 children)

A proposed inquiry would "shed light" on why grocery prices remain so high

Greed...

The answer, as for so many others, is greed.

[–] Pistcow@lemm.ee 48 points 3 months ago (1 children)

worked for a food distrobutor during covid and they had a meeting about jacking up prices on covid supplies and all other items. At the time I said the covid supplies was a big issue. Nope, full steam ahead. I even did a whistlr blower complaint to the FTC with all the documents. Nothing ever came of it.

[–] Tujio@lemmy.world 35 points 3 months ago

My work magically got a supply of N95 masks early in Covid. It was unexpected, so we didn't have a plan or a system for them. Didn't think to have a limit or anything.

A crew from Albert Lee bought every single one, took them back to their store, and sold them at 100% markup.

[–] some_guy@lemmy.sdf.org 44 points 3 months ago (2 children)

How could capitalism ever turn out this way? /s

[–] girlfreddy@lemmy.ca 13 points 3 months ago (3 children)

Thank Reagan and Thatcher for that fucking mess.

[–] nomous@lemmy.world 13 points 3 months ago

Fucking trickle down Reaganomics Heritage Foundation bullshit. They're still around and still dragging the country down.

[–] refurbishedrefurbisher@lemmy.sdf.org 8 points 3 months ago* (last edited 3 months ago)

And thank the capitalist system for allowing that mess to happen to begin with.

Can't buy politicians if you put a hard cap on wealth and workers own the means of production.

[–] some_guy@lemmy.sdf.org 7 points 3 months ago

Most evil political duo of my lifetime for sure.

[–] QuarterSwede@lemmy.world 6 points 3 months ago* (last edited 3 months ago) (2 children)

It’s amazing how many people don’t understand this. Prices go up for a long time and almost never come down after because that would lead to losses and a stock dive. But the narrative is that it’s greed. It’s not bloody greed, it’s Capitalism’s process. Want that to change, stop putting money in the stock market.

[–] grue@lemmy.world 5 points 3 months ago (1 children)

It’s not bloody greed, it’s Capitalism’s process.

Why'd you say the same thing twice?

[–] QuarterSwede@lemmy.world -1 points 3 months ago

Your attempt at being funny misses the entire point.

[–] girlfreddy@lemmy.ca 2 points 3 months ago (1 children)

I'd love to, but I have 2 locked-in RRSPs that can only be invested in the stock market (from former jobs). It pisses me off to no end that I have exactly zero control over them ... and have just (in the past 2 years) gained what I lost in the 2008 crash.

Fuck Wall St and fuck jobs that force me into the stock market.

[–] QuarterSwede@lemmy.world 2 points 3 months ago

Oh I hear you. My 401k and rollovers are in the market. If you want to make any kind of money you don’t really have a choice.

[–] Empricorn@feddit.nl 27 points 3 months ago (1 children)

I was at the grocery store yesterday. A single shrinkflation Hershey's bar was $2.49. Some prices have doubled in 1-5 years... Are you fucking kidding me!?

[–] mysticpickle@lemmy.ca 23 points 3 months ago (1 children)

Imagine paying two and a half bucks for brown wax 🤢

[–] nomous@lemmy.world 10 points 3 months ago

Ain't that the truth. If it were a $3 chocolate bar made by a chocolatier in a real shop with a decent amount of cocoa in it that might be worth it. But it's really disappointing mass produced slightly vomit-tasting brown wax, it's disgusting and barely worth $1.