Analysis of CTF's The Rise of Corporate Profits in the Time of Covid
nsavage.substack.com
An article was published in the Toronto Star today titled Profiting from inflation: Two new reports show companies are making billions by pushing prices higher. This was posted on reddit, which is how I came across it. The premise that companies are just making money by pushing prices higher is ridiculous to me, which is why I took a deeper dive into it. If companies could make more money by just raising prices, why didn’t they do this years/decades ago? Why now? If companies are all making tons more money by charging more, why are expenses not up for some companies, since they all buy products from each other?
Analysis of CTF's The Rise of Corporate Profits in the Time of Covid
Analysis of CTF's The Rise of Corporate…
Analysis of CTF's The Rise of Corporate Profits in the Time of Covid
An article was published in the Toronto Star today titled Profiting from inflation: Two new reports show companies are making billions by pushing prices higher. This was posted on reddit, which is how I came across it. The premise that companies are just making money by pushing prices higher is ridiculous to me, which is why I took a deeper dive into it. If companies could make more money by just raising prices, why didn’t they do this years/decades ago? Why now? If companies are all making tons more money by charging more, why are expenses not up for some companies, since they all buy products from each other?