this post was submitted on 03 Jun 2023
2 points (100.0% liked)
Finance
61 readers
1 users here now
Economic and financial news from around the world, including cryptocurrency and blockchain.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Coincidentally, profit margins in certain industries have significantly expanded during this same period. It really does look like a lot of "inflation" was more like profiteering, many companies used the panic about inflation to push prices up regardless of actual costs.