Full screen recommended.
"An Industry Insider Just Revealed Why Major
Grocery Stores Are Struggling To Stock Up On Essentials"
by Epic Economist
"This video is for everyone who is sick and tired of hearing that inflation is going down when you’re actually not seeing this being reflected on your grocery bill. No matter which store you go to, you still get shocked to see how much prices have gone up from one week to the other. It’s also very frustrating to see that many shelves are wiped clean and staying that way for months. If you can relate to all that, stay tuned with us because in today’s video, we compiled some chilling revelations made by sources in the food industry, with one in particular laying out the truth behind the new price hikes and the comeback of shortages of essential products now happening all around America.
Nowadays, shopping for groceries has become a challenging task, like preparing for battle. As you enter the store with your shopping list in hand, you are immediately faced with empty displays, missing everyday items, and some eye-popping prices that have an instant effect on your mood. It's not uncommon to return home with only half of what you intended to buy, having spent twice the amount you budgeted, and feeling quite defeated.
Believe it or not, prices are soaring so high right now that even major food retailers like Target and Whole Foods are begging their suppliers to cut costs this year. But several sources within the food industry say that retailers’ requests will be left unheard and consumers will continue to bear the brunt of absurd grocery price hikes in 2023 because a handful of corporations that control the global food market are rushing to capitalize on inflation before they lose the chance to do so. “Food price rises around the world are the result of a “broken” food system that is failing populations and concentrating power and profits in the hands of a few,” Alex Maitland of Oxfam said in a recent interview.
In other words, “corporate greed is the biggest factor keeping food prices high,” the expert highlights. Even more notably, Phil Lempert, the editor of supermarketguru.com, and respected food industry insider revealed even the chairman of Tesco, John Allen, is alarmed by the fact that major food firms are profiteering from inflation at the cost of some of the poorest consumers. Grocers are having to come forward and step up against such dishonest practices. “They're challenging companies that they believe are lifting prices disproportionately. So when we look at this fight that's now taking place, and I don't think it's anywhere near over, I think we're gonna see a lot of consumers get hurt. I think we're gonna see a lot of small grocers get hurt. All of these big guys at the top of the chain may try to crush them,” he noted.
The harsh reality of soaring food prices and shortages of essentials is painting a bleak and desolate picture for our population. The greed of corporations has brought the nation to its knees, leaving ordinary people to suffer the consequences. With each passing day, the struggles of everyday Americans become more unbearable as they are forced to choose between feeding their families and paying for life's other necessities. The inability of the government to take action and hold corporations accountable is only adding fuel to the fire, as institutions fail to provide the protection and relief that is so desperately needed. There’s no sign of a reprieve from this dark and gloomy reality. This is a moment of crisis, a time when the very fabric of our society is being tested and revealing its shortcomings."
No comments:
Post a Comment