The statement that stores have seen profits rise as food prices have climbed, as if it's some sinister thing that betrays evil profiteering, just sounds dumb to me. Yeah... if an item used to cost 1.00 and your profit margin is 20% for 20 cents, and it now costs 1.10 and your profit margin is identical, that's 22 cents. It's expected that "profits rise as food prices climb".
If I make 100 bucks in profit a day, and the value of money changes by 10%, and I now make 110 bucks in profit, my profits have increased... but nothing has really changed.
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