Robert ReichCorporate profits have contributed disproportionately to inflation. Through the third quarter of 2022, profits are still contributing well over 3 times as much to price growth as normal. #CPI
https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
🐦🔗: https://twitter.com/EconomicPolicy/status/1602713971517231105
Corporate profits have contributed disproportionately to inflation. How should policymakers respond?
The inflation spike of 2021 and 2022 has presented real policy challenges. In order to better understand this policy debate, it is imperative to look at prices and how they are being affected. The price of just about everything in the U.S. economy can be broken down into the three main components of cost. These…
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