‘Stop the price gouging’: Biden hits corporations over high consumer costs
www.cnbc.com
Big business and junk fees prove easy targets for the White House in the inflation blame game.
  • money_loo@1337lemmy.com
    0·
    1 year ago

    That’s almost 10 billion of sale prices though, for products they literally needed to offload.

    And while a record amount, it was only 7.5% above normal, coming off all this Covid stuff it’s no wonder people are cutting loose and splurging a bit.

    • remotelove@lemmy.ca
      1·
      1 year ago

      7.5% … Wasn’t that the rate of inflation recently as well? Not sure what it is at now, but we were getting up there. Higher prices wouldn’t necessarily mean a new record, I am guessing.