3 ms·

It is all corporate profiteering. https://www.nytimes.com/2022/05/05/opinion/us-companies-inflation.html https://www.nytimes.com/2022/05/05/opinion/us-companies

• gruez 4y ago
  I'm not convinced. I skimmed the article and the key piece of evidence seems to be a linked bloomberg chart that shows corporate profit margins spiking up recently. However, if you go to the source data[1] and zoom in, you see a different picture. Specifically, profit margins were increasing the most between Q2 2020 and Q2 2021, but have since stayed mostly flat. However, that's not in line with CPI[2], which only really took off in february 2021. [1] https://fred.stlouisfed.org/series/NFCPATAX https://fred.stlouisfed.org/series/NFCPATAX [2] https://fred.stlouisfed.org/series/CPIAUCSL https://fred.stlouisfed.org/series/CPIAUCSL
  • thrown321 4y ago
    The key piece of evidence are the SEC declarations. Read them.