Jeremy posted: " File under: "No shit, sherlock." From the Guardian: A new report claims "resounding evidence" shows that high corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs dr" Le Café Wittypoots Read on blog or reader Half of recent US inflation due to high corporate profits, report finds Jeremy Jan 22 File under: "No shit, sherlock." From the Guardian: A new report claims "resounding evidence" shows that high corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop. The report, compiled by the progressive Groundwork Collaborativethinktank, found corporate profits accounted for about 53% of inflation […] Read more of this post Comment Like You can also reply to this email to leave a comment.

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