Greedflation: corporate profiteering ‘significantly’ boosted global prices

[blackpowder]

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.

[blackpowder]

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.

[furrowtickler]

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

[blackpowder]

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.

[blackpowder]

The third time I read that article I realized it was written by/for a child.

[AlbertaFarmer5]

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.

[blackpowder]

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.

[Guest]

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

[chuckChuck]

More naive denial from the usual suspects that nobody in the business world is overcharging their customers in order to maximize profits? LOL

So are you guys all enjoying the rapid increase in ag machinery parts? If so, it seems like there is still a lot of complaining about getting overcharged, but you still thinks its okay?

Most farmers recognize that rapidly increasing parts prices are not only driven by increasing costs, but the fact that most machinery companies will charge as much as they want to increase profit margins. And since each manufacturer has a monopoly on most unique parts where are you going to go? But you guys don't mind monopolies?

[furrowtickler]

Covid drug makers made billions more during that same time period, why are they not on that list ?

[chuckChuck]

Look them up and see how much profit they made. Trump invested lots of taxpayer money into the rapid development of the covid vaccines.

The companies listed were notable for their very large increases.

[cropgrower]

Trump wanted a vaccine that was tested to work and was safe , thats not what he got , huge lawsuit filled in Texas against pfizer now because they misled everybody