Jack Crivici-Kramer
👤 SpeakerAppearances Over Time
Podcast Appearances
And naturally, Walmart has sent their governor affairs staff to go educate the lawmakers about their real plans.
Can you sprinkle on a translation for us, please, Jack?
Walmart's lobbyists are lobbying the lawmakers.
Yeah, to not make that a law.
Now, this is also going to cost Walmart a lot of money.
I mean, Jack and I crunched the numbers on this on the whiteboard.
4,600 stores, 200,000 products per store.
We're talking digitizing a billion price tags.
Walmart has to buy a billion new digital price tags for all their stores.
That's a billion screens.
So, of course, they're going to selectively raise prices where they can to recoup some of that cost.
And prices are, the way we see it, the main character of our economy.
So Jack and I will prepare you for this era with our takeaway.
I'd call him the villain of our economy.
Jack, we please get one takeaway.
One takeaway, please.
Jack, what's the takeaway for our buddies over at Walmart?
We need a field guide to price gouging.
Yetis, you were with us during the pandemic.
And we told you about how there were many variants of inflation that popped up every few months.