3 ms·
we are not seeing 'corporate induced inflation' we are seeing government policy induced inflation - very big difference.
by ejb999 5y ago
we are not seeing 'corporate induced inflation' we are seeing government policy induced inflation - very big difference.
- FollowingTheDao 5y agoThis is from BUSINESS INSIDER: https://www.businessinsider.com/corporations-using-inflation-as-excuse-to-reap-fatter-profits-reich-2021-11 https://www.businessinsider.com/corporations-using-inflation... "Corporations are using the excuse of inflation to raise prices and make fatter profits," he said.
- mirntyfirty 5y agoI’d claim inflation responsibility is on both sides. I forget the number off the top of my head, but a rather large proportion of the price increased were collected as profits. Given that a number of industries are dominated by a handful of large conglomerates, the incentive to price products competitively seems rather low. However, this is also correlated and reinforced with the actions of the federal reserve for a number of reasons.....