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let's spell it together, kids, w-a-g-e t-h-e-f-t
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this post was submitted on 12 Aug 2024
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Erm, you got cause and effect wrong. The record profits are a result of price gouging, and that in turn caused most of the recent inflation. These companies simply saw an opportunity to stealthy raise prices because of some market conditions after the pandemic and have people blame it on general inflation and not the greed of these companies.
Erm, so you believe the narrative told by economists, big bankers and politicians, that general inflation is low. Profits always go up in absolute numbers, price gouging or not, because our money loses its value fast.
And next you tell us to invest in gold or bitcoin ๐
Nah, that would only increase their price and I'm still accumulating.