clearly, the narrative is “record profits mean gouging!” but this is a ridiculously facile and illiterate claim.
it’s pure playing to the peanut gallery.
inflation drives the nominal value of everything, including profits, higher. if a company once had $100 in revenue and $5 in profits and these numbers grew to $150 and $7 in profits, sure, that’s “record profits” but if inflation was 50% in that period, it was a drop in profits in real terms. it was also a drop in margins. what was a 5% profit margin is now 4.7%. that’s the opposite of gouging, that’s margin contraction and lower real profits. and that is what we are seeing across the US right now. businesses are not gouging, they are taking it in the chin to protect the consumer.
https://boriquagato.substack.com/p/price-gouging-is-a-nonsense-narrative
DR MARK TROZZI MD NOV 24
Part 3 https://substack.com/home/post/p-177998878
In part three of this interview with Liz Gunn, Dr. Mary Talley Bowden, MP Andrew Bridgen, and I explain how private interests captured medicine and governance, turning them into centralized systems of control. A private corporation, the Federation of State Medical Boards, quietly influenced licensing and discipline, pressuring regulators to punish doctors who questioned official narratives. We trace this back to the early 1900s when powerful foundations reshaped medicine through the Flexner Report, eliminating natural healing schools and replacing them with a pharmaceutical model tied to financial and political power. Today, regulators and governments serve global agendas rather than the public, rewarding obedience and punishing integrity. The path forward is decentralization: rebuilding medicine, governance, and community structures on truth, accountability, and the direct relationship between individuals and those who serve them.
The ...
