Greed capitalists are conflating themselves while lying? Nooo! //S
Comment on Woolworths, Coles sued by ACCC for ‘misleading’ price drop claims
Salvo@aussie.zone 1 week ago
They are trying to blame “inflation”, but at the same time they are reporting record profits.
Dasus@lemmy.world 1 week ago
ryannathans@aussie.zone 1 week ago
Isn’t that the same thing though? If inflation is at record high, their equivalent profits in dollars will be up because money is now worth less
zero_gravitas@aussie.zone 1 week ago
Profits have increased as a percentage of revenue (i.e. profit margins have increased).
ryannathans@aussie.zone 1 week ago
Profit goes brrrrrr
Let’s start a non profit supermarket chain
zero_gravitas@aussie.zone 1 week ago
A cooperative is one way to start on that: www.abc.net.au/news/2024-07-10/…/104078660
fine_sandy_bottom@lemmy.federate.cc 1 week ago
The dumb thing is that inflation is measured by the increase in colesworth prices.