3 ms·
One thing is clear: whoever wrote the headline in your link cherry-picked a time period that overstates the effect of "greedflation". > Corporate profits drove
by leereeves 3y ago
One thing is clear: whoever wrote the headline in your link cherry-picked a time period that overstates the effect of "greedflation".
> Corporate profits drove 53% of inflation during the second and third quarters of 2023 and more than one-third since the start of the pandemic
IOW, even according to that report, roughly two-thirds of recent inflation was not due to greedflation.
- acdha 3y agoNote the “last year” in the headline.