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Inflation is up, company profits are up… but yet the little people are blamed for asking for wage increases rather than companies price gouging so their execs c

• lazypenguin 4y ago
  In the article which summarizes a letter sent to their investors, the fund actually criticized political leadership and not the individual people…
• sschueller 4y ago
  And unlike the last time we had inflation where only 10% was caused by coorperate profits it is currently 50%. Rasing rates may not be the optimal solution although probably the quickest way to make an impact. The thing no one wants to hear but probably effective would be a heavy tax on coorperate profits (targeting specific industries, e.g. Oil) and unrealized capital gains made during the inflation.