this post was submitted on 30 Sep 2024
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Economics

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Covid turned out to be a giant goldmine for Corporate America (sherwood.news)
submitted 2 months ago* (last edited 2 months ago) by MicroWave to c/economics
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The flare-up of inflation that followed the pandemic, combined with flush consumers ready to spend, ushered in an new era of profitability even more massive than previously estimated.

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[–] glimse 29 points 2 months ago

Wow you mean the people who used their power to artificially inflate the cost of essential goods and services while claiming it was a "supply chain issues" came out on top? You mean that once again the working class was forced to pick up the slack as the lazy 1% got richer off their backs?