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Are you saying that when interest rates are high, a company making record profits HAS to engage in price increases, wage freezing and layoffs, to satisfy a made
by ath3nd 3y ago
Are you saying that when interest rates are high, a company making record profits HAS to engage in price increases, wage freezing and layoffs, to satisfy a made up instrument explaining basic economy?
This is is like companies' belief that all employees are always on the bell curve, so the bottom x% has to get culled each year.
Anything to fit in the stats, right? I am actually inclined to believe that C level do think like that. This is both sad and terrifying, and also the reason why we need strong unions in the first place, so we don't end up merely a statistic on some boomer economy cultist's spreadsheet.