Price Fixing vs Price Gouging: Kamala is claiming that our retail food industries and food manufacturing facilities are price gouging the American people needlessly. As a result, she declares that when president she will implement price fixing – making it illegal to charge any more despite rising costs. The Retail grocery chain stores she claims are making tremendous profits off the backs of consumers include such stores as Kroger, Walmart, Target, and others. Let’s take a look:
Kroger: Prior to the pandemic, Kroger had a fairly steady net profit of $1.9 billion. During the pandemic, that margin increased to a high of $3 billion – given restaurants and chains were shut down.
Kroger net income for the quarter ending April 30, 2024 was $0.947B, a 1.56% decline year-over-year. Kroger net income for the twelve months ending April 30, 2024 was $2.149B, a 15.46% decline year-over-year. Kroger annual net income for 2024 was $2.164B, a 3.57% decline from 2023. Kroger annual net income for 2023 was $2.244B, a 35.59% increase from 2022. Kroger annual net income for 2022 was $1.655B, a 35.98% decline from 2021.
Net earnings in 2015 were $2.05 billion an increase of 5.8% over the course of ten years. Hardly a gouge when considering the rising cost of living increase during the last 10 years is roughly 300%.
The cumulative inflation from 1913 when the Federal Reserve came to power to 2022 is nearly 3000%. It is this cumulative effect that the liberals are attempting to deny under Bidenomics. When Biden ‘announces the current inflation rate is now 2.9% – that means it is an additional 2.9% over and above the already 250% cost of living increases invoked since Biden took office 3 years ago.
IN order to bring cost of living values to par of 2020 values – the inflation rate would need to decline by 250% + 2.9%. When analyzing grocery chains their costs have been impacted by wage increases, insurance increases, refrigeration increases, oil and trucking increases, property tax increases, etc… the SAME increases facing every American. To accommodate these costs, these industries are forced to raise their prices to maintain a profit that is now on par with 2015.
In addition to these cost increases, these businesses were infused with PPE nonrepayable loans for Pandemic losses due to shut-downs as a result of Covid – the fake virus created by our CIA in collaboration with the Mossad to inflict deaths and depopulation. These loans were disbursed to ‘keep businesses afloat’ and create a buffer. To mitigate a complete economic collapse.
Price fixing will force industries to close. Force grocery laborers to be laid off. Force delivery industries to lay off workers – etc…, etc… Simply look to the end results of Mao or Stalin during his communist Bolshevik oppression. The ultimate effect of price fixing is a shortage of supplies. The famines of history were targeted. Exports were lowered as a result of shortages. Farms were collectivized. Imports became the mainstay to compensate. Imports were considerably more expensive, rationing was enforced. Blacklists were created to ensure that food was only available for a portion of society. Poverty ensued. Starvation. Millions died.
Did the US contribute to the Bolshevik October Revolution? By 1919, with the Revolution in dire straights, Bolsheviks emigrated to NY and amalgamated with American communists to expand the regime across the West. By 1921, primarily for the pursuit of profit—Western businessmen and diplomats began opening contacts with the Soviet Union. Among these persons were: Averell Harriman, Armand Hammer, and Henry Ford.
Averell’s father, Julius, was the founding member of the Communist Party USA and instrumental in creating American support for the Bolsheviks. Julius founded Allied Drug and Chemical which operated smuggling and money laundering operations between the Soviet Union and America.
Averell Harriman and his sister Mary became close friends with FDR in further collaboration with – Prescott Bush, and assisted in the creation of the communist New Deal. Their ideology expanded throughout Canada, Mexico and the UK. Harriman’s banking business was a major financier of the Nazi’s. In other words, Soviet Bolshevik communists collaborated with the Nazi Party.
Armond Hammer was a Soviet jew who founded Occidental Petroleum. Today Occidental is 85% owned by Berkshire Hathaway. He was a close ally of Lenin during which he created the New Economic Policy which was a form of capitalism and free markets under the thumb of state control. Lenin’s Policy led to FDR’s creation of The New Deal.
Our entire system is built on Bolshevik ideologies as espoused by Prescott Bush, Communists, Bankers, and the Jewish Kabballah. This creation was shrouded within an illusion of democracy to keep the populace enslaved and unaware. To further this illusion, education was targeted, history was rewritten, and intellect was quashed. When the social media revolution evolved, propaganda was utilized to maintain the illusion.
Given the media is newly invigorated, in order to maintain the illusion various forms of dystopia were created to distract and deflect from the truth, including; abetting illegal immigration, transforming children into medical experiments, BLM activism, etc… ALL for one purpose – to protect the illusion. While allowing the wealth division to expand to a point wherein the populace will be responsible for the debt and the Communists of the money.
As we peel back the Red curtain, we are now given the reality of The Wizard of Oz, operating his fakery, his incompetence, and his last ditch effort to impose upon the plebes certificates of a brain, courage and a heart.