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Robert Reich /
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2024-03-23 21:33:04

Robert Reich on Nostr: Walmart hiked prices on its Great Value food brands. The result? Its net income ...

Walmart hiked prices on its Great Value food brands.

The result? Its net income spiked 93% to $10.5 billion towards the end of 2023.

Walmart 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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