I’m confused. I expected to see a lot of discussion about the release about Donald Trump’s tax returns. I’m still seeing mostly posts about Mastodon and Musk. Am I on the wrong server?
Corporate profits surged to a record high of $2.1Tn in the 3rd quarter of this year, even as inflation continued to hurt consumers. Over the last 2 years, profits have ballooned more than an 80%, from ~$1.2Tn to more than $2Tn.
Folks, this is what’s driving inflation.