World News

32526 readers

1087 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

America’s latest inflation wave is all about corporations ‘using excuses’ and ‘cover’ to increase profits, says top UBS economist (fortune.com)

submitted 2 years ago by [email protected] to c/[email protected]

13 comments fedilink hide all child comments

“We’re seeing this expansion of margin under the cover of, ‘Oh, it’s a general inflation problem, we can’t help it,’ Paul Donovan of UBS said Thursday.

you are viewing a single comment's thread
view the rest of the comments

[–] itsjustallergies 1 points 2 years ago

the actual indicator of corporations taking advantage of the situation is the profit margin, not the pure dollar increase

Agreed. Profit margins are a much better indicator of how much corporations are taking advantage of the situation