Covid turned out to be a giant goldmine for Corporate America
Covid turned out to be a giant goldmine for Corporate America
The flare-up of inflation that followed the pandemic, combined with flush consumers ready to spend, ushered in an new era of profitability even...
The flare-up of inflation that followed the pandemic, combined with flush consumers ready to spend, ushered in an new era of profitability even more massive than previously estimated.
If companies collude and price fix, that will always be a "giant gold mine". But it's an unethical gold mine, and a good example of why more regulation is needed in a lot of places.
Covid was just an excuse to price gouge. Because it worked so well you can expect more shit like this in your lifetime.
You know what they say. Never let a good disaster go to waste.
They will drum up more human suffering as long as it pays for their yachts.
I don't believe covid had that much of effect on inflation. Poor decisions both before and right after are more to blama along with good old fashioned gouging. The supply chain issues effected the time period they happened and actually after there wa a lot of pent up supply. If anything we should have had a slight depression afterward.
“Chaos is a ladder”