TNPSC Thervupettagam

Greedflation

July 1 , 2023 493 days 562 0
  • Greedflation is currently on the rise in the United States and is one of the primary reasons why prices are being driven up in the country.
  • Greedflation, in basic terms, is the inflation and hike in prices not driven by economic flow, but by corporate greed.
  • It has not taken a headway in India.
  • But foreign companies in the nation continue to jack up the prices to gouge the customer for more profits.

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