• @LibreHans
    link
    -12 months ago

    Their ACTUAL profit margins are significantly larger and growing.

    Their gross profits are up because money is worth less because of inflation. The purchasing power of those “growing” profits has basically not changed.

    • @[email protected]
      link
      fedilink
      English
      22 months ago

      The purchasing power of those “growing” profits has basically not changed.

      Lol

      LMAO, possibly

    • @Viking_Hippie
      link
      12 months ago

      That’s just not true. And since this is the point where it’s clear that you’ll just keep repeating the same piece of misguided conservative orthodoxy over and over again, I’m gonna leave you to it.

        • @Viking_Hippie
          link
          12 months ago

          Thanks to the corporations you shill for. I’d say I hope that they’re paying a fair price for your dignity and integrity, but paying workers fair compensation is not something most corporations do…

          • @LibreHans
            link
            -12 months ago

            Lol, you’re the one propagating the big banking propaganda that monetary inflation is not inflation.

            • @Viking_Hippie
              link
              12 months ago

              Nah, big banks can go fuck themselves with THEIR predatory practices too. So can the crypto scams you probably consider more reliable than real currency.

              The bottom line is that the Fed doesn’t drive inflation anywhere near as much as it did back when most money was in cash.

              Corporate profiteering, on the other hand, is at an all time high both in absolute numbers and with regards to driving inflation.