‘Greedflation’ study finds many companies were lying to you about inflation
‘Greedflation’ study finds many companies were lying to you about inflation
fortune.com ‘Greedflation’ study finds many companies were lying to you about inflation
Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.
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Duh. Finance bros will still tell you different though.
They will tell you it's because of the increase in wages, and then refuse to believe the data when you show them that wages have stagnated.
Surely it's not the shambolic government monetary policy of the same period, the companies were just being way greedier than normal. This study was run by the IMF.
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