I would have thought the above observations would have gotten more commentary - TikTok young adults who think we are in a silent depression.
I understand that the two things could happen and profits go down, not up. That’s not what happened during/post Covid, which is what we are...
So what are your thoughts on the corporate greed is causing inflation narrative?
profits were higher, prices were higher, supply decreased, and demand increased. Those are all demonstrably true.
The Democrats are against the military and wars but Biden is accused of causing Ukraine war and military spending increase and also blamed for...
I’m not arguing with any of that. I can see where a sudden supply cutoff could raise the price, raise the profit per unit, short term, but may or...
As to Afghanistan, Biden certainly has to accept some blame for what turned out to be a shit show. But I really struggle to think how it would...
I don’t recall ever seeing so many different things wrong in one single post. Bravo.
But as I noted in my posts accounting costs are often historical costs, so there can be a lag. Eventually it should catch up, as it has. Also...
There is probably some truth in there but much of it strikes me as typical Karl Rove tortured partisan rationalizations. I don’t think it’s a...
Winner! The fact that the economy has not gone into recession is pretty good evidence that they haven’t over tightened. Rates right now are...
They were higher, of course. - Supply curve moves left, due to Covid supply issues - Demand curve moves right, due to government stimulus....
If it was only supply issues prices would have gone back down. But they have stayed elevated and stabilized. The most plausible reason is the...
Addressing the narrative that corporate greed/profits is causing inflation, the above shows that current corporate profits as a percent of GDP are...
Ok, so whatever Trump says is always true, and he is innocent on all these issues and anybody/everybody who acts against is involved in vast...
At the risk of interrupting the narrative that inflation - to the extent it is real, is due to greedy corporations, but mostly isn’t real, just in...
You could make the case from a conservative perspective he governed competently - good economy, tax cuts, no wars, SCOTUS judges, etc. This...
I saw this yesterday. He has gone full on delusional narcissist ala Trump.
You could say he has at times gone overboard with executive orders, just like Trump, Obama and GWB. I don’t think that is the same thing has...
It is as if you didn’t even read the article you linked.
