3 ms·
I think you just misunderstand how bad inflation really is. Costs have risen by conservative estimates 18.7% since 2020. When your money is worth 18.7% less, an
by donatj 3y ago
I think you just misunderstand how bad inflation really is. Costs have risen by conservative estimates 18.7% since 2020. When your money is worth 18.7% less, anything less than an increase in "profit" of 18.7% dollar value is actually a loss because the value of the numbers has changed.
- wredue 3y agoDude no. Profit is represented as a portion of revenue, not inflation. If profit margin growth had to match inflation, then eventually, a company would be expected to have higher profit than revenue, which obviously makes no sense.