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Because tightening executive pay is unthinkable.
by alsetmusic 2y ago
Because tightening executive pay is unthinkable.
- jfengel 2y agoAs is reducing profits. Of which they're still making quite a lot: $375 million in the last quarter, and rising every single quarter for several years -- much faster than inflation. They're not doing this because they're squeezed. They're not losing money. They're doing this because they think they can get it. Demand is high; people want the product. Which is just plain capitalism. That's fine. Go ahead and say that. Don't pretend that it's some external "inflation" forcing you to do it.