Americansâ recent inflation woes were driven by companies that kept their prices high even as costs fell in recent months in order to increase their profit margins, a new report argues
The paper boosts the controversial progressive argument that corporations are squeezing American households just because they can.
Itâs a fact.
Funny how supply and demand always favors the supplier, if the supplier is big enough.
Companies created the inflation they used as the excuse to raise prices further. Unscrupulous greed is a credible explanation.
Am I incorrect in thinking that, thus, it's not technically inflation?
*acts all surprised and shit*
It's not greed though. It's the misguided obligation to keep feeding the machine. Everyone's got boards, shareholders, customers, competition, upgrades, employee raises, expansion... and so on. It's fear of falling behind.
Look, theyâre done printing money, for now, so if they donât squeeze Main Street to keep consumer stock prices up, Wall Street is going to have to crash again, and theyâll have to take half of our pension funds, again.
(Not at all accusatorily toward you) just continues to be hilarious that âcompanies operate by the profit motiveâ is considered a controversial progressive argument and not âthe basis for the entirety of economic thoughtâ when that leads to notmies realizing companies might be bad, actually
Land of the greed, home of the crooks.
Noooooo??!