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Robert Reich

@RBReich

Berkeley professor, former Secretary of Labor. Co-founder, @InequalityMedia. Substack: https://t.co/U9YAAOMrTQ | Mastodon: https://t.co/WXFjvvEnbx

calendar_today26-05-2010 23:17:10

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Walmart hiked prices on its Great Value food brands.

The result? $16.3 billion in earnings, up 44% from the prior year.

Walmart also rewarded shareholders with $5.9 billion in buybacks and dividends.

When I say price gouging is driving inflation, this is what I mean.

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