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Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]bUt InFlAtIoN [twitter]https://twitter.com/DanPriceSeattle/status/1491968731278458880[/twitter][/quote] All of these companies had record low profits in 2020.[/quote] There was very low demand for gas in 2020 because of COVID. We didn't have 6.8% inflation in 2020 Gas prices is now one of the top things contributing to inflation. Gas companies jacked costs up to greedily boost their profits and it's cascaded into cost increases in other sectors. Our inflation crisis is being manufactured, by the private sector.[/quote] I'm pretty sure you never took Econ 101 and have no idea what inflation really is.[/quote]
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