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News@lemmy.world · 2 years ago

‘Greedflation’ study finds many companies were lying to you about inflation

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‘Greedflation’ study finds many companies were lying to you about inflation

spaduf@slrpnk.net to

News@lemmy.world · 2 years ago

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

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chiliedogg@lemmy.world
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2 years ago
To be pedantic, a business that’s keeping the same percentage margins will always post record profits in an inflationary economy.
- ilex@lemmy.world
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  2 years ago
  To be pedantic, all other things being equal, like quantity sold. Riiiiiight?
  - chiliedogg@lemmy.world
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    2 years ago
    The best kind of correct.

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