prices go up?
Why.
Help.
Why is government printing more money and giving it to me a bad thing. I need it to live.
I’d like both the econ101 (fake, lib, propaganda) and the marxist (real, truth, based) answer pls.
10 points
But all you need to see is how they’re posting record profits over and over to see that isn’t the case.
You more specifically want to look at profit margins (profit as a percentage of revenue) and not total profit. When there is inflation, total profit will go up by nature of things costing more. However, when companies are using their market power to specifically extract more profit by raising prices, that will be reflected in profit margin.
