What is greedflation and will it go away?

In today’s podcast, Edmund Shing, Chief Investment Officer of BNP Paribas Wealth Management, defines greedflation and discusses whether it is a temporary or lasting phenomenon. Some concrete examples of greedflation (companies and industries) Why does this exist if competition is meant to prevent companies from charging supernormal profits? Is it a temporary or lasting phenomenon? What companies have seen strong earnings and stock price growth as a result of this deliberate price over volume strategy? How are consumers reacting to these price hikes?  Hosted by Ausha. See ausha.co/privacy-policy for more information.