A measure of US profit margins has reached its widest since 1950, suggesting that the prices charged by businesses are outpacing their increased costs for production and labor....
Link: https://www.bloomberg.com/news/articles/2022-08-25/us-corporate-profits-soar-taking-margins-to-widest-since-1950?leadSource=uverify%20wall
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We need collectives and 5 year plans.
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What is your solution for inflation?
And what conditions exist today that allow corporations to gouge that did not exist over the past few years?
versus come to the factual basis that corporations are also to blame.
Acting like ultra-loose monetary policy had nothing to do with inflation borders on flat-earther intelligence.
Who gave them the go signal and what prevented them from gouging previously?
And by the way, Silicon Valley profits have long been the most obscene in the land. Why no bellyaching until today?
Let's bring it back. Is it your position that corporations are struggling and they are forced to triple and quadruple prices? That was the original point of my post.
Present the facts.
your strong suit. It's like you read just the last sentence of everything.
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It's one thing to counter someone, but it's another to do so when you can easily be refuted by facts.
Corporations are indeed raking in record profits during this inflationary times.
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