“We’re seeing this expansion of margin under the cover of, ‘Oh, it’s a general inflation problem, we can’t help it,’ Paul Donovan of UBS said Thursday.
“We’re seeing this expansion of margin under the cover of, ‘Oh, it’s a general inflation problem, we can’t help it,’ Paul Donovan of UBS said Thursday.
I think this being openly said is a good sign for the long-term. Makes it more obvious that the same type of people have almost always been at fault. Makes it easier to put the costs of inflation and of countering inflation directly on the people that are most able to pay.