3 ms·
Record profits are stolen wages
by btbuildem 4y ago
Record profits are stolen wages
- deleted 4y ago[deleted]
- lotsofpulp 4y agoOr simple math because if purchasing power of currency goes down by 2% then nominal profits have to increase to maintain the same profit margin. If a business has a 3% profit margin, would you expect them to have a 2% profit margin 5 years from now, and 1% profit margin 10 years from now, and 0.1% profit margin x years from now?
- btbuildem 4y agoReplace "business" and "profit" with "employee" and "raise" and ask the question again.