Stew
onecaliberalWhy does the media tell us that inflation is at a 40 year high without telling us that corporate profits are at a 70 year high?
Sunny Willow 🌞Because media is controlled by corporations.
@sunnywillow Yes, the same people who own the government.
Exactly!
sparseMatrix ✅✅✅ 📻because that wouldn't suit the narrative
Toxteth O'Grady@Tbsa It can no longer be said to be at a 40-year high because that was last summer. The Fed needs to look at where things are now, not where they were back then.
ChrisU@Tbsa
Well inflation affects us all, profits not so much. Besides two numbers to deal with at once, c’mon be reasonable
Well inflation affects us all, profits not so much. Besides two numbers to deal with at once, c’mon be reasonable
M.S. Bellows, Jr.@Tbsa Yeah, the mainstream media refuses to tell us...
Oh. Sorry, carry on.
Asymco@Tbsa … and unemployment at 50 year old lows.
RD1054@Tbsa Media news to stop publishing the lies and distortions of the untrarigjt fascists. Media also needs to start publishing the truth!
Tofu Golem@Tbsa
Because that doesn't push the "inflation is caused by higher wages" narrative.
Because that doesn't push the "inflation is caused by higher wages" narrative.
Jeff Moe@Tbsa Because they're the ones making the profits. (E.g. even if CNN or whoever "loses" money, their parent companies/owners are making huge dollars.)
Franks X@Tbsa Do you hve a source?
@FranksX
It’s a LinkedIn article. Easy to find. Lots of great comments from those in the know there too.
It’s a LinkedIn article. Easy to find. Lots of great comments from those in the know there too.
Athena 🦉🪴🐾🐓📚@Tbsa Because the peasants may revolt.
Vegetable Gremlin ⍼👻@Tbsa you know why
Nafnlaus 🇮🇸 🇺🇦@Tbsa FYI, high corporate profits would *reduce* inflation.
#Inflation happens when too many people try to spend too much money at once relative to the capacity to produce goods and services, often either due to an excess of money or a shortage of capacity.
If companies are taking profits as cash to be saved - aka, not spending it on expansion or wages that would immediately lead to good/service consumption - then that *reduces* inflation.
@nafnlaus Trickle down is an abject failure and I’m fed up with this bullshit lie by wealthy people. Greed and hate are the entirety of the problem.
@Tbsa ED: Looks like I was blocked.
Look, facts, don't care about ideology. The above is facts. Inflation happens when people try to exchange too much money for goods and services at once, usually due to either an oversupply of money or undersupply of goods and services.
That's what inflation is.
Bill Taroli 
ideaPDish
LibDemCampaigner🔶@Tbsa Cherry picked statistics. Insolvency up too. https://www.gov.uk/government/statistics/monthly-insolvency-statistics-november-2022/commentary-monthly-insolvency-statistics-november-2022
Muskless@Tbsa Because the media is big corporations themselves. Independent media will tell you!
Steve Griffin@Tbsa because they are owned by corporations?
kryphos@Tbsa There are two words to describe inflation.
Skyrocketing rent, housing, profits is called "growth" and celebrated
Rising prices for everything else it's "inflation".
Gregory P. Smith (he/him) 
🚲🦝 
@Tbsa because they are entirely unrelated concepts.
gotklss2 / annetteBecause they are the the beneficiaries of the PROFITS?
Nicole ParsonsThe media manipulation strategy of the "Half Told Tale" is as old as time.
Its goal is to shift the blame & gain passive acceptance for the harmful economic strategy the Fed has begun.
Interest rates do not change wages.
Interest rates do not lower gas or food prices.
Interest rates do make poverty, gun violence, voter suppression, housing, homelessness, & pandemics go away.
These issues are worsened by price gouging, fossil fuel extortion, tax evasion, profiteering, & fascism.
MaggyW