• @Idliketothinkimsmart
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    171 year ago

    The Fed is egging this on despite the fact that most of the inflation is currently being driven by record corporate profits. 53.9% of the increase in costs in the nonfinancial corporate sector are attributed to fatter profit margins while only 8% is because of labor costs…8%.

    • @Shrimpy
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      21 year ago

      Haven’t heard about this breakdown of components of increase in costs. Any source?