So much more than inflation: It's time to hold corporations accountable for greed and price gouging
Even with a recent ease and slowing, Americans continue to struggle under the weight of persistently high inflation and a string of consecutive rate hikes from the Federal Reserve in. However, the Fed’s strategy of repeated interest rate hikes has been unable to contain a key driver of excessive consumer prices: corporate greed.
Companies have used inflation as a pretext to jack up consumer prices while raking in record-high profits, while they also reported record profits. Corporations are able to do so freely, without accountability. And we, the consumers, are left with high costs on basic necessities—from gas, to groceries, to prescription drugs—while our wages fail to keep up with inflation.
Sign the petition to Congress: Hold corporations accountable for price gouging.