greedflation

American  

[greed-fley-shuhn] / ˌgridˈfleɪ ʃən /

noun

Informal.

1. a rise in prices, rents, or the like, that is not due to market pressure or any other factor organic to the economy, but is caused by corporate executives or boards of directors, property owners, etc., solely to increase profits that are already healthy or excessive.

   He thinks this is just greedflation, an attempt to manipulate the economy, and that it will backfire and have unintended deflationary effects.

---

Other Word Forms

• greedflationary adjective

Etymology

Origin of greedflation

First recorded in 2023; greed ( def. ) + (in)flation ( def. )

Example Sentences

McDonald’s, too, has faced accusations of greedflation.

From Salon

And, as inflation, “shrinkflation” and “greedflation” continue to cause food prices to skyrocket, this practice is something we all could get better at adapting.

From Salon

Ahmed Rahman, an associate professor of economics at Lehigh University, said corporate profits have added to the inflationary winds, but he doesn’t see enough compelling evidence that greedflation is an important part of inflation, let alone the major driver.

From Seattle Times

Casey also is attacking greedflation’s cousin, “shrinkflation”: a seemingly covert way for companies to raise prices by slightly reducing product size, like shortening candy bars or putting fewer potato chips in the bag.

From Seattle Times

Still, some decried the phenomenon as “greedflation.”

From Seattle Times