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IMF reports inflation driven by corporate profits
(www.imf.org)
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this post was submitted on 27 Jun 2023
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Agreed and well said. I remember a report in the past year that showed the more consolidated an industry, the greater the amount of profit driven inflation. I think that helps show your point that it's monopolistic power that's enabling these companies to do this and that is what needs to be addressed, not interest rates.