greedflation

[ greed-fley-shuhn ]

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 Words From

• greed·fla·tion·ar·y adjective

Word History and Origins

Origin of greedflation¹

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

Example Sentences

Vice President Kamala Harris also made grocery prices a part of her 2024 presidential campaign, noting that she would seek to fight price-gouging and “greedflation” if elected, a stance that starkly divided the grocery industry.

From Salon

The company is not only seeking financial restitution, but it is also raising questions about fairness and competition during a time when “greedflation” is a hot topic, both culturally and politically.

From Salon

In its lawsuit, McDonald’s is seeking a trial by jury, a move that could thrust the ongoing debate over “greedflation” back into the spotlight.

From Salon

During the pandemic, the rising prices led to boycotts of companies accused of profiteering, and even Vice President Kamala Harris has promised to take on greedflation if elected — a stance that has already stirred controversy within the supermarket industry.

From Salon

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

From Salon