We all know inflation means:
Prices go higher 📈
You have to spend more to get less 💸

But what is greedflation... 🤔 It's the idea that larger companies have:
🌐 Exploited inflation pressures from the pandemic, Ukraine war, and other conflicts
📊 Pursued excessive profits and passed on the cost to the consumer

Simply put, increasing prices by more than costs 📈➡️💰
So, if you've noticed growth in markups 💵🔍 ...it may not just be due to inflation - but greedflation may be to blame 🧐🔍

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Disclaimer
Please note that I am not a financial advisor and I never provide financial advice. While I am passionate about sharing education to improve financial wellbeing, it’s important to understand this information is for educational purposes only and does not constitute financial advice or any other professional advice. You should always be proactive in seeking independent, accredited information and consult a licensed financial professional when seeking personal financial advice tailored to your specific needs.

#money #goals #financialplanning #values #finance #wealth #financialliteracy #financialwellbeing #personalfinance #inflation #greedflation #costofliving #ukrainewar

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