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February 12, 2024
Biden Blames 'Greed-Flation and Shrinkflation' for High Prces
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President Joe Biden, While touting his economic policy, blamed high consumer costs on what he called "greed-flation" and "shrinkflation," the latter of which describes food companies' practice of putting less product into its packaging, while speaking on Monday to the Conference of U.S Counties.
This comes after the president released a television spot criticizing stagflation to mass broadcast audiences in Washington.
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