Robert ReichExxon just reported record profits for the first quarter of this year, raking in $11.43 billion. The oil giant now has $33 billion cash on hand.
Say it with me, corporate greed is driving inflation, not workers demanding better wages and benefits.
McHollander | Celtic Folk Bard@rbreich Inflation is driven by money creation exceeding the economic growth.
Corporate greed is the part where the corporations want all of that money on top of already having more than their fair share of the economic output to begin with. And they use inflation to scare workers into not righteously demanding their wages are compensated.