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Inflation is 'here to stay': Billionaire supermarket owner



John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, weighed in on inflation and how it impacts his businesses. #FOXBusiness

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24 comments

  1. Oil is connected to everything… Every road turned by the motorcade, airstrip landed (CA Newsome handshake) yet we pay for it all while they make the rules? That's why the CPI is a bunch of BS (5.3%) because the cost of goods and services has doubled if not tripled that index. Ever wonder why you smell a swamp in California?

  2. the elites have told us their plan of mass extinction 201/ 2030 .. last years conspiracy is todays reality !

  3. Idiots in govt esp.Biden are "Theives" playing with American's money,and create"welfare" so you don't work. Wow
    This is what you get voters " Inflation"
    Meanwhile Biden enjoying flying around
    Who pays for his fuel cost? Does he care?
    Voter's of Biden you own this!
    Biden did what in his entire life to earn a decent dollar? Because of votes Snaky Biden gets to "have his cake and eat it!"

  4. Most people think…. Investing in crypto is all about buying coins and holding, till it rises, 🙅 come on it takes much analysis to be a successful crypto trader.
    I've made $16,000 in two weeks of trade.

  5. After having some doubts and anxiety, I feel so
    ecstatic now on my first profit withdrawal of
    $16,200 from my $3,400 investment

  6. Vote Green NEW Deal, Gasoline prices go UP, everything will go UP, prices of things we BUY will skyrocket….

  7. Coke can't get drivers to deliver in New York? All beverage delivery companies have trouble keeping drivers every year in and around South Carolina, this year is worse. I just left the industry, took a 10k year cut in pay, along with working 40 hours instead of 60+ hours a week.

  8. Dementia Joe Biden destroys America

  9. This apparently is going to be a nightmare of a winter. Administration isn't helping. Wasting, wasting, wasting.

  10. The people who vote Democrat? Don’t care! They don’t work and rely on the middle class to pay for everything!

  11. It's not just inflation that is driving up prices. It is all the looting and the daily thefts that still are still happening without any arrests or repercussions. And a huge cost of rebuilding broken buildings and expensive damage from rioters and looters. That's why WE the responsible law-abiding ones with jobs have to pay more now.

  12. If inflation is here to stay then get ready for many moons of ridiculous tax hikes.

  13. Time for Americans to lose some weight . It’s a bad and good at the same time

  14. Yet the CPI report does not show it in august report. Are they hiding it?

  15. If you steal less than $1000 it a misdemeanor…there is the BIG TRUTH!

  16. Inflammation due to THEFT…Try driving a Nike shoe truck through NYC!

  17. Companies won’t lower prices because they know they people will pay the same price of today

  18. That's the point. When folks get desperate they will do anything for a better life. The Dems are banking on that.

  19. It's starting to look like Venezuela no food in the supermarkets

  20. They pass their 3.5 look out the corporations will raise prices higher didn't Biden Sanders Schumer mention that 🤭

  21. Both Joe Biden’s tax plans depend on taxing businesses while claiming not to raise taxes on the public. Yes, the businesses will pay those taxes, but in order to stay in business they need a profit margin. To maintain that margin, they will need to raise the price of their goods or services to cover Biden’s taxes. So who is actually paying those taxes. You, me and every consumer who purchases those goods and services. Biden is depending on the public to not realize that they are being taxed. Politicians’ version of the old Bait and Switch game.

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