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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[–] [email protected] 7 points 2 months ago

I don't believe covid had that much of effect on inflation. Poor decisions both before and right after are more to blama along with good old fashioned gouging. The supply chain issues effected the time period they happened and actually after there wa a lot of pent up supply. If anything we should have had a slight depression afterward.