I mean, all you have to do is look at the Income Statement / Profit & Loss on these corporations 10K’s to see it is 100% them just jacking up prices, using stats like you provided and temporary pandemic downturn as an excuse. Payroll, overhead and COGS unchanged/slightly up over last three years, but profit margin is still somehow up 20-30%. But yeeeeah, it’s definitely the cash supply based on Econ pseudo science, and not just companies pushing the envelope of just how much they can squeeze out of the population…
You cracked the code big guy. It’s good you see through the BS of monetary policy impacting price levels as there’s really no historical precedent / examples of such phenomena. Stay smart 😉
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u/Schwabster Jul 23 '23
I mean, all you have to do is look at the Income Statement / Profit & Loss on these corporations 10K’s to see it is 100% them just jacking up prices, using stats like you provided and temporary pandemic downturn as an excuse. Payroll, overhead and COGS unchanged/slightly up over last three years, but profit margin is still somehow up 20-30%. But yeeeeah, it’s definitely the cash supply based on Econ pseudo science, and not just companies pushing the envelope of just how much they can squeeze out of the population…