GlassHalfHopeful OP , (edited )
@GlassHalfHopeful@lemmy.ca avatar

It’s very curious to me how the economic indicators can seem so positive while people are still feeling the pangs of increased prices across the board.

There have been various articles/studies shared recently which indicate corporations have been taken advantage of consumers. We’ve heard terms like “greed’flation” to describe it. This article then says Biden alluding to this “is suspicious to many economists.”

Are economic indicators not able to capture “greedflation”? Is it a thing or not? Something I need to do more reading on I suppose.

UPDATE: example article / study

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