record profits mean corporations were able to raise prices successfully, because people had the money to spend of course the problem is that there is a logical

record profits mean corporations were able to raise prices successfully, because people had the money to spend of course the problem is that there is a logical gap between that and what people will actually have in their wallets in the future but, considering that profits are distributed as dividends, invested and/or simply spent in other ways it means there's going to be more aggregate demand, which will push up prices even more. hence the usual decision to raise rates. which then pushes up unemployment, because it's what empirically almost always happens.