A general increase in prices during a time of record profits
Grocery shopping is a nightmare now that greedflation doubled grocery prices.
2๐ 3๐
Used in place of the word โinflationโ by individuals who do not understand macroeconomic principles. Alleges that prices rise due to greedy corporate leaders rather than excessive additions to the money supply.
Uneducated individual: โWow man, egg prices went up again. Iโm tired of all this greedflation!
College graduate: โAre you sure itโs due to corporate greed and not the 5 trillion dollars we added to the money supply recently?โ