4 ms·
I think it's just equating the two, which probably isn't wrong, considering the record profits made even as inflation has skyrocketed.[1] Making less profit is
by EGG_CREAM 3y ago
I think it's just equating the two, which probably isn't wrong, considering the record profits made even as inflation has skyrocketed.[1] Making less profit is not an option for all of these businesses (because of greed), so they pass 100% of the inflation on to the consumer, and then some.
[1] https://www.npr.org/2022/02/13/1080494838/economist-explains-record-corporate-profits-despite-rising-inflation https://www.npr.org/2022/02/13/1080494838/economist-explains...