Robert ReichDec 4, 2022

Corporations are using inflation to justify massive price hikes, but are then using their record profits to buy back shares of their own stock and boost share prices.

It’s a scam that transfers wealth from the wallets of working people into the pockets of CEOs and shareholders.

Show threadcwooten
@rbreich iat the risk of sounding conspiracy theory-like, should the media bare some responsibility in propagating this corporate profit fest?
Every news hour for months has been talking about inflation, blaming politics, and not calling out the actual causes - paving the way for corporate opportunism
Dec 4, 2022 at 9:57pmWeb