spaduf@slrpnk.net to News@lemmy.world · 7 months ago‘Greedflation’ study finds many companies were lying to you about inflationfortune.comexternal-linkmessage-square142fedilinkarrow-up11.4Karrow-down111cross-posted to: hackernews@derp.foopolitics@lemmy.world
arrow-up11.39Karrow-down1external-link‘Greedflation’ study finds many companies were lying to you about inflationfortune.comspaduf@slrpnk.net to News@lemmy.world · 7 months agomessage-square142fedilinkcross-posted to: hackernews@derp.foopolitics@lemmy.world
minus-squareDebatableRaccoon@lemmy.calinkfedilinkarrow-up72·7 months agoOh no, this is such a shock. No shit they were lying about inflation. Those bastards were reporting record highs while the average Joe was struggling to pay rent.
minus-squarechiliedogg@lemmy.worldlinkfedilinkarrow-up4·7 months agoTo be pedantic, a business that’s keeping the same percentage margins will always post record profits in an inflationary economy.
minus-squareilex@lemmy.worldlinkfedilinkarrow-up2·7 months agoTo be pedantic, all other things being equal, like quantity sold. Riiiiiight?
Oh no, this is such a shock. No shit they were lying about inflation. Those bastards were reporting record highs while the average Joe was struggling to pay rent.
To be pedantic, a business that’s keeping the same percentage margins will always post record profits in an inflationary economy.
To be pedantic, all other things being equal, like quantity sold. Riiiiiight?
The best kind of correct.