Is 'Greedflation' Really Happening?

The video discusses the significant share U.S. companies have in the economy and the rising profit margins. It explores the fine line between inflation and price gouging, using the perspective of small business owners. The concept of 'greedflation' is introduced, with historical context provided by the aftermath of Hurricane Charlie in 2004. The video also examines why companies might not lower prices and the potential economic effects of their strategies, such as job cuts, to protect margins.

What is a key reason small business owners might raise prices during inflation?

• To expand their business

• To reduce competition

• To make ends meet

• To increase their market share

What term is used to describe the practice of raising prices excessively during a crisis?

• Price fixing

• Greedflation

• Deflation

• Inflation

What event in Florida is used as an example of 'Greedflation'?

• Hurricane Irma

• Hurricane Andrew

• Hurricane Charlie

• Hurricane Katrina

Why might companies be hesitant to cut prices, according to the transcript?

• It could affect their profit margins

• It could lead to increased competition

• It might lead to regulatory scrutiny

• It might harm their brand image

What potential action by companies could impact the economy if they try to protect margins?

• Expanding into new markets

• Cutting jobs

• Increasing advertising

• Raising employee salaries