greedflation
nounEtymology
Blend of greed + inflation.
Definitions
Price gouging by corporations during an inflationary period, especially when the…
Price gouging by corporations during an inflationary period, especially when the underlying cost of production has not risen accordingly; price increases ostensibly inflated solely by underlying fundamental factors but really in excess of that level.
- In fact, evidence of ‘greedflation’ in food retail in Canada is weak at best. But prices in some food categories have behaved unreasonably in recent years, so we shouldn't think greedflation doesn't exist.
- Excuseflation is also known as greedflation.
The neighborhood
Vish — recursive loop
No curated loop yet for greedflation. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA