Intrepidtron

@Intrepidtron@lemm.ee

This profile is from a federated server and may be incomplete. For a complete list of posts, browse on the original instance.

Intrepidtron ,

“High corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop.”

https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits

It’s a misnomer to call this “inflation” — it’s corporate collusion-driven price gouging.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • test
  • worldmews
  • mews
  • All magazines