Do people actually still believe it’s anything other than greed at this point?
You’ll have people in the comments saying it doesn’t count here because she’s American, as if American companies don’t have complete control of our economy
Wait, so this isn’t the pandemic and Putin burning gas and kids buying too many lattes?
Corporate profits are a function of people’s spending because profits comes from revenue.
People having more money to spend leads to inflation.
More money in circulation leads to people having more money to spend
Higher corporate profits also leads to people having more money to spend, either as employees of the company or as shareholders.
Fewer goods also leads to inflation, as all else being equal, you have the same amount of money chasing fewer goods, so the price per good rises (e.g. our property market)
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Katie is great. 🙂
Should check out their youtube page.
https://www.youtube.com/c/RepKatiePorter
Do people actually still believe it’s anything other than greed at this point?
You’ll have people in the comments saying it doesn’t count here because she’s American, as if American companies don’t have complete control of our economy
Wait, so this isn’t the pandemic and Putin burning gas and kids buying too many lattes?
Corporate profits are a function of people’s spending because profits comes from revenue.
People having more money to spend leads to inflation.
More money in circulation leads to people having more money to spend
Higher corporate profits also leads to people having more money to spend, either as employees of the company or as shareholders.
Fewer goods also leads to inflation, as all else being equal, you have the same amount of money chasing fewer goods, so the price per good rises (e.g. our property market)