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Greedflation

Greedflation
Context
Exploration of the concept
Question: Is India experiencing it?
Definition
Corporate greed fueling inflation
Profit-price spiral
Significant in developed countries: Europe, US
Types
Energy Companies and Fuel Prices
Crisis/sudden surge in energy demand
Excessive price hikes by energy companies
Essential Commodities during a Crisis
Scarcity or crisis surge in demand
Excessive price increase by sellers
Price Mark-ups and Profit Margins
High market prices despite low input costs
Higher profits and inflationary pressures
India's Case
Profitability tripled post-pandemic
Growth in net profit
Possible corporate greed leading to inflation
Impact
Higher inflationary pressures
Financial strain and reduced purchasing power
Undermines trust, distorts market, hampers economic growth

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