This article is pussyfooting the issue. Oil companies have reported record profits for 2-3 years in a row. The article claims “greedflation doesn’t have an exact science” while also quoting the same thing “… reap ‘excess profits’, setting prices higher than would be socially and economically beneficial”.
i can’t say I speak for others, but I was accepting of a year or two of companies “making up” for the hit they took during the height of the pandemic, but governments need to put them back into place and regulate their latest exploits. Enough has now been enough.
wherever governments are going to support the freedom for companies to make money at the cost of many thousands of people even being able to afford necessities. Either there needs to be a limit their profits to benefit all, or we need to restructure to tax those earnings to provide a UBI that provides all necessities.
All profit from oil is excess……
I don’t quite understand your point, please elaborate.
It’s pretty clear
Oops, we made excess profits! How did that happen?
Buh buh buh…,.them fox people told me it was the bidyn cryum famuly the reason why everything is expensive
No fucking shit.
No shit.
That’s how it goes
Everybody knows