Are the record profits still record after being adjusted for inflation?
Money is worth less now than it was this time last year.
Let’s say a profit of $1000 last year is equivalent to a profit of $1200 this year.
Have you made $200 more this year? Well, technically yes but it doesn’t quite have the same purchasing power as it would have if you made it last year instead
Yes, record profits after inflation. Don’t simp for the corporations, they don’t give a fuck about you. They’d rather see you die than give you a penny.
Are the record profits still record after being adjusted for inflation?
Money is worth less now than it was this time last year.
Let’s say a profit of $1000 last year is equivalent to a profit of $1200 this year.
Have you made $200 more this year? Well, technically yes but it doesn’t quite have the same purchasing power as it would have if you made it last year instead
Minimum wage does not increase inflation.
Minimum wage reacts to inflation.
You think our wages keep up with inflation?
Yes, record profits after inflation. Don’t simp for the corporations, they don’t give a fuck about you. They’d rather see you die than give you a penny.