Quote:
Originally Posted by Leondros
And how do you think those goods make it to grocery store? Fuel costs are driving what's called push-cost inflation. Stagflation from the 1970's is the closest comparable that comes to mind in what we are seeing. This really was an inevitable outcome when you look at the decrease in capital spent in the industry as a whole.
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Odd that profits in the grocery industry have managed to continue growing from the already ballooning amount they achieved during the pandemic. If it were only a matter of inflation as a result of logistical costs being passed off to the consumer one would think the profits would be somewhat stagnant or would have actually decreased due to more people eating out with restrictions lifted.