MSNBC Velshi June 4, 2024 13:50:00
Registering that they are doing it customer -- high inflation by using it as a cover to market products even higher than what would be necessary to recoup the higher costs. for example, during an investor call, the ceo of kroger, the grocery store giant says, quote, we view a little bit of inflation is always good in our business. and we would expect a bill to pass that through. this isn't only happening in the food space it is widespread across industries. let's look at auto zone, a retailer that sold car parts and accessories. it's all earnings jumped 13% in the fourth quarter. during an inv...
Source: archive.org