Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new report

Remember all the people telling us this wasn't happening?

This is just capitalism working as intended. The fact that these price increases are being sold as some kind of abnormality is some real neolib brain in action. It isn't "greedflation," it's literally the same capitalism we've lived with for centuries.

So now what. Will they have to reduce them again? Haha jk jk. Fuck us.

Yeah I knew we were screwed when places like Walmart were still "complaining" about covid supply chain shortages well into 2023, despite the fact that some local farmers were selling eggs so cheap that people where trying to figure out what the "catch" was.

Groceries have about a 2% markup. If prices were not raised due to inflation, you would see shortages at the grocery store. Do you enjoy shortages? Because I don't. If the government starts putting price controls on shit, you're going to see rapid deterioration real quick. As an example, the governments might say that a grocery store can only sell Oreos for a dollar. And okay, that's fine. Except that grocery store won't have any Oreos when you want them. But you can go to your local drug dealer and get Oreos for three dollars if you wish.