Corporate profits are accounting for an increasing share of inflation. Our wages are being suppressed so rich shareholders can get richer. ( www.npr.org ) In the past, corporate profit growth accounted for maybe a third of inflation. But a report from the Kansas City Fed found that nearly 60% of inflation in 2021 was because of corporate profits.
Corporate profits are accounting for an increasing share of inflation. Our wages are being suppressed so rich shareholders can get richer. ( www.npr.org )
In the past, corporate profit growth accounted for maybe a third of inflation. But a report from the Kansas City Fed found that nearly 60% of inflation in 2021 was because of corporate profits.