Prices Soar as Shoppers Suspect 'Greedflation'
• Inflation has caused large increases in grocery prices, with chips up 45%, bread up 57%, and soda up 66% since pre-pandemic • 59% of people believe corporate greed ("greedflation") is a main driver of inflation, on par with government spending • Corporate profits and CEO pays have increased much more than average worker wages, fueling perception of greedflation • Experts say supply chain issues and production costs do impact prices, but question if price hikes need to be so high • Consumers have power through changing buying habits, but prices likely won't fall to pre-pandemic levels anytime soon