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What is greedflation and will it go away?
Published 3 years, 4 months ago
Description
In today’s podcast, Edmund Shing, Chief Investment Officer of BNP Paribas Wealth Management, defines greedflation and discusses whether it is a temporary or lasting phenomenon.
- Some concrete examples of greedflation (companies and industries)
- Why does this exist if competition is meant to prevent companies from charging supernormal profits?
- Is it a temporary or lasting phenomenon?
- What companies have seen strong earnings and stock price growth as a result of this deliberate price over volume strategy?
- How are consumers reacting to these price hikes?
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