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https://fred.stlouisfed.org/series/CP https://fred.stlouisfed.org/series/CP Increased profits gaming the public impression of inflation play a huge role. See t
by derac 4y ago
https://fred.stlouisfed.org/series/CP https://fred.stlouisfed.org/series/CP
Increased profits gaming the public impression of inflation play a huge role. See the FRED chart above. Profits increased 1 trillion since 2020, thats something like 3300 dollars per capita.
- refurb 4y agoYou realize that inflation increases profits too? If we’ve had inflation of 15% over the last two years then a 15% increase in nominal profits is a 0% increase in real profits?