Liberal Forum

Corporate profits drove 53% of inflation during the second and third quarters of 2023 and more than one-third since the start of the pandemic, the report found, analyzing Commerce Department data. That's a massive jump from the four decades prior to the pandemic, when profits drove just 11% of price growth.Jan 20, 2024
[img]data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAB0AAAAgCAYAAADud3N8AAABKElEQVR4AWNwL/DBi//vVWz8v0/xPxwfZv4/uWLHXwYGZyBm+I8FVxAyk2xLFc3//xeTrf5Hd0v1bP/+V9Y7+IfelsIxO6faX+pZekgJv6UIDAvuRoot7ckQaujN4PuHjLPCexfp2v7PxIYlFTsNKLYU5HIsiSURnx5aWZo67CwdtZT+CcmHk6fov5oh/1sZFTEYprmlduyc/z7KqPxHxjS2FGExHS1F4BI+oT90tBSB14hI/aOzpQiLaW4pr71QF5C2R8Y0tZRZiPWf0Ssn+uZTqSqlf0YvnehbImnsN/und9OWHpYiglbvtu1/+liKCFo6WooIWvpaymsnCLaQrpbKT9D8S3dLdS5b09ensKClq6WKs3X+091SUNDS1VKleTr1IIuoaSkAPSAhixUsa/IAAAAASUVORK5CYII=[/img]
https://fortune.com › 2024/01/20 Consumer prices pushed up mostly by corporate profits, new ... - Fortune

Bidencrimefamily » 12 Apr 2024, 9:28 am » wrote: ↑

12 Apr 2024, 9:28 am

Corporate profits drove 53% of inflation during the second and third quarters of 2023 and more than one-third since the start of the pandemic, the report found, analyzing Commerce Department data. That's a massive jump from the four decades prior to the pandemic, when profits drove just 11% of price growth.Jan 20, 2024
[img]data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAB0AAAAgCAYAAADud3N8AAABKElEQVR4AWNwL/DBi//vVWz8v0/xPxwfZv4/uWLHXwYGZyBm+I8FVxAyk2xLFc3//xeTrf5Hd0v1bP/+V9Y7+IfelsIxO6faX+pZekgJv6UIDAvuRoot7ckQaujN4PuHjLPCexfp2v7PxIYlFTsNKLYU5HIsiSURnx5aWZo67CwdtZT+CcmHk6fov5oh/1sZFTEYprmlduyc/z7KqPxHxjS2FGExHS1F4BI+oT90tBSB14hI/aOzpQiLaW4pr71QF5C2R8Y0tZRZiPWf0Ssn+uZTqSqlf0YvnehbImnsN/und9OWHpYiglbvtu1/+liKCFo6WooIWvpaymsnCLaQrpbKT9D8S3dLdS5b09ensKClq6WKs3X+091SUNDS1VKleTr1IIuoaSkAPSAhixUsa/IAAAAASUVORK5CYII=[/img]
https://fortune.com › 2024/01/20 Consumer prices pushed up mostly by corporate profits, new ... - Fortune

Yeah, and Biden accepts donations from them...but I am sure it's all a coincidence. 

Vegas » 12 Apr 2024, 9:38 am » wrote: ↑

12 Apr 2024, 9:38 am

Yeah, and Biden accepts donations from them...but I am sure it's all a coincidence.

The pandemic disrupted supply chains across the nation, leading to high demand for consumer goods. Inflation also puts pressure on consumers, amounting to high prices at grocery stores, gas stations and other retailers. But now, years since the height of the pandemic, profits remain high even though supply chains appear to have returned to normal.A federal report suggests grocery stores are making huge profits off what’s being called “greedflation,” the economic idea that businesses kept prices high on consumer goods well after pandemic-era demands cooled off.On Wednesday’s edition of “Closer Look,” Dean Baker, a senior economist at the Center for Economic and Policy Research (CEPR), talked with show host Rose Scott about greedflation, the Biden Administration’s response to greedflation and how it impacts consumers and the economy long-term. 

Profits are a good thing. In fact, maximizing profit for the owner(s) is the primary purpose of every business.

ConsRule » 12 Apr 2024, 9:39 am » wrote: ↑

12 Apr 2024, 9:39 am

Profits are a good thing. In fact, maximizing profit for the owner(s) is the primary purpose of every business.

https://www.bloomberg.com/news/articles ... on-kind-of

Bidencrimefamily » 12 Apr 2024, 9:41 am » wrote: ↑

12 Apr 2024, 9:41 am

https://www.bloomberg.com/news/articles ... on-kind-of

Goldman Sachs Sees Signs of Greedflation (Kind of)New research finds that companies take longer to pass through cost savings than increases.
 
 

Bidencrimefamily » 12 Apr 2024, 9:39 am » wrote: ↑

12 Apr 2024, 9:39 am

The pandemic disrupted supply chains across the nation, leading to high demand for consumer goods. Inflation also puts pressure on consumers, amounting to high prices at grocery stores, gas stations and other retailers. But now, years since the height of the pandemic, profits remain high even though supply chains appear to have returned to normal.A federal report suggests grocery stores are making huge profits off what’s being called “greedflation,” the economic idea that businesses kept prices high on consumer goods well after pandemic-era demands cooled off.On Wednesday’s edition of “Closer Look,” Dean Baker, a senior economist at the Center for Economic and Policy Research (CEPR), talked with show host Rose Scott about greedflation, the Biden Administration’s response to greedflation and how it impacts consumers and the economy long-term.

This is all I need to read to know that you lose.

Trump dealt with the Pandemic. The Dims pushed for the economic shutdown, you all got your way. So you all started a **** economy, blamed Trump, and are now trying to take credit for recovering from an economy that you retards tanked in the first place...and blame Trump.

It's a typical tactic from you retards. You guys have been doing this **** for decades.
 

Vegas » 12 Apr 2024, 9:43 am » wrote: ↑

12 Apr 2024, 9:43 am

This is all I need to read to know that you lose.

Trump dealt with the Pandemic. The Dims pushed for the economic shutdown, you all got your way. So you all started a **** economy, blamed Trump, and are now trying to take credit for recovering from an economy that you retards tanked in the first place...and blame Trump.

 

• •  

FINANCE ·ECONOMYThe biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflationBYRYAN HOGG
December 8, 2023 at 5:27 AM CST
LI JIANGUO—XINHUA/GETTY IMAGESAs they rolled their eyes at the frustratingly familiar sight of price markups in grocery store aisles, shoppers in 2022 might have wondered whether corporations were doing everything they could to keep prices down as inflation hit generational highs. The answer now appears to be a resounding no. A joint study by think tanks IPPR and Common Wealth found profiteering by some of the world’s biggest companies forced prices up significantly higher than costs during 2022.GreedflationInflation soared across the globe last year, peaking near 11% in the eurozone and above 9% in the U.S.The source of that high inflation has become a well-trodden line. Analysts have typically laid the blame on supply-chain bottlenecks created by excess demand during the COVID-19 pandemic and exacerbated by Russia’s invasion of Ukraine.The war also increased energy prices, leading to further rises in inflation as suppliers factored in higher transport and running costs.While this obviously contributed to rising prices, the report finds that company profits increased at a much faster rate than costs did, in a process often dubbed “greedflation.”Profits for companies in some of the world’s largest economies rose by 30% between 2019 and 2022, significantly outpacing inflation, according to the group’s research of 1,350 firms across the U.S., the U.K., Europe, Brazil, and South Africa.In the U.K., the research found that 90% of profit increases occurred among just 11% of publicly listed firms. Profiteering was more broad in the U.S., where a third of publicly listed firms were responsible for most of the increase in profits.The biggest perpetrators were energy companies like Shell, Exxon Mobil, and Chevron, which were able to enjoy massive profits last year as demand moved away from Russian oil and gas. Food producers including Kraft Heinz realized their own profit surges. The war in Ukraine rocked global grain supplies and fertilizer prices, significantly increasing the cost of food, which remains sticky. The findings add to a growing body of research seeking to highlight the role of major businesses t companies consistently sounded the alarm on inflation as a significant barrier to growth. Many blamed rising input costs on their own price hikes. However, lots of those CEOs appear to have instead used the panic of rising costs to pump up their balance sheet.In April, Société Générale economist Albert Edwards released a scathing note saying he hadn’t seen anything like the current levels of corporate greed in his four decades  

 
 

Bidencrimefamily » 12 Apr 2024, 9:42 am » wrote: ↑

12 Apr 2024, 9:42 am

Goldman Sachs Sees Signs of Greedflation (Kind of)New research finds that companies take longer to pass through cost savings than increases.

Makes sense to me!
Or do you think a business can survive longer making no profits that one making too high a profit?

Use your head, commie!
Then take a look at how the socialist policies you so love have worked out for Cuba, Venezuela, the USSR, or North Korea and tell us which of their socialism  you'd like to see applied here.

Has history taught you nothing?
 

Bidencrimefamily » 12 Apr 2024, 9:28 am » wrote: ↑

12 Apr 2024, 9:28 am

Corporate profits drove 53% of inflation during the second and third quarters of 2023 and more than one-third since the start of the pandemic, the report found, analyzing Commerce Department data. That's a massive jump from the four decades prior to the pandemic, when profits drove just 11% of price growth.Jan 20, 2024
[img]data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAB0AAAAgCAYAAADud3N8AAABKElEQVR4AWNwL/DBi//vVWz8v0/xPxwfZv4/uWLHXwYGZyBm+I8FVxAyk2xLFc3//xeTrf5Hd0v1bP/+V9Y7+IfelsIxO6faX+pZekgJv6UIDAvuRoot7ckQaujN4PuHjLPCexfp2v7PxIYlFTsNKLYU5HIsiSURnx5aWZo67CwdtZT+CcmHk6fov5oh/1sZFTEYprmlduyc/z7KqPxHxjS2FGExHS1F4BI+oT90tBSB14hI/aOzpQiLaW4pr71QF5C2R8Y0tZRZiPWf0Ssn+uZTqSqlf0YvnehbImnsN/und9OWHpYiglbvtu1/+liKCFo6WooIWvpaymsnCLaQrpbKT9D8S3dLdS5b09ensKClq6WKs3X+091SUNDS1VKleTr1IIuoaSkAPSAhixUsa/IAAAAASUVORK5CYII=[/img]
https://fortune.com › 2024/01/20 Consumer prices pushed up mostly by corporate profits, new ... - Fortune

ohhhhh...we are going back to the Barark Obogus presidency catch-all excuse "It's somebody else's fault"


Progressive government coined these great phrases...

1. "We Got Him Now!"
2. "It's somebody else's fault"


Who coined the phrase..."Promises Made, Promises Kept!"....hint....it wasn't progressives on the Left or their Rino counterparts

Bidencrimefamily » 12 Apr 2024, 9:48 am » wrote: ↑

12 Apr 2024, 9:48 am

• •  

FINANCE ·ECONOMYThe biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflationBYRYAN HOGG
December 8, 2023 at 5:27 AM CST
LI JIANGUO—XINHUA/GETTY IMAGESAs they rolled their eyes at the frustratingly familiar sight of price markups in grocery store aisles, shoppers in 2022 might have wondered whether corporations were doing everything they could to keep prices down as inflation hit generational highs. The answer now appears to be a resounding no. A joint study by think tanks IPPR and Common Wealth found profiteering by some of the world’s biggest companies forced prices up significantly higher than costs during 2022.GreedflationInflation soared across the globe last year, peaking near 11% in the eurozone and above 9% in the U.S.The source of that high inflation has become a well-trodden line. Analysts have typically laid the blame on supply-chain bottlenecks created by excess demand during the COVID-19 pandemic and exacerbated by Russia’s invasion of Ukraine.The war also increased energy prices, leading to further rises in inflation as suppliers factored in higher transport and running costs.While this obviously contributed to rising prices, the report finds that company profits increased at a much faster rate than costs did, in a process often dubbed “greedflation.”Profits for companies in some of the world’s largest economies rose by 30% between 2019 and 2022, significantly outpacing inflation, according to the group’s research of 1,350 firms across the U.S., the U.K., Europe, Brazil, and South Africa.In the U.K., the research found that 90% of profit increases occurred among just 11% of publicly listed firms. Profiteering was more broad in the U.S., where a third of publicly listed firms were responsible for most of the increase in profits.The biggest perpetrators were energy companies like Shell, Exxon Mobil, and Chevron, which were able to enjoy massive profits last year as demand moved away from Russian oil and gas. Food producers including Kraft Heinz realized their own profit surges. The war in Ukraine rocked global grain supplies and fertilizer prices, significantly increasing the cost of food, which remains sticky. The findings add to a growing body of research seeking to highlight the role of major businesses t companies consistently sounded the alarm on inflation as a significant barrier to growth. Many blamed rising input costs on their own price hikes. However, lots of those CEOs appear to have instead used the panic of rising costs to pump up their balance sheet.In April, Société Générale economist Albert Edwards released a scathing note saying he hadn’t seen anything like the current levels of corporate greed in his four decades

Do you ever read your own ****? Read the bolded. This proves that profits belong to the corps. They are the ones benefitting from Biden's economy. Americans are not. I have been saying that since the beginning, which you conveniently ignore and run away from. 
 

Bidencrimefamily » 12 Apr 2024, 9:41 am » wrote: ↑

12 Apr 2024, 9:41 am

https://www.bloomberg.com/news/articles ... on-kind-of

The primary purpose of every business is to maximize profit for the owner(s).  It's only been that way since the beginning of the very first business.
 

ConsRule » 12 Apr 2024, 9:55 am » wrote: ↑

12 Apr 2024, 9:55 am

The primary purpose of every business is to maximize profit for the owner(s).  It's only been that way since the beginning of the very first business.

I see your compelling agruement. 

But the data shows you have no clue.

https://fortune.com/europe/2023/12/08/g ... ion-study/

 The biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflation
 

Bidencrimefamily » 12 Apr 2024, 9:42 am » wrote: ↑

12 Apr 2024, 9:42 am

Goldman Sachs Sees Signs of Greedflation (Kind of)New research finds that companies take longer to pass through cost savings than increases.

Goldman Sachs?

How much do they give to the Democrats for donations?
 

Bidencrimefamily » 12 Apr 2024, 9:58 am » wrote: ↑

12 Apr 2024, 9:58 am

I see your compelling agruement. 

But the data shows you have no clue.

https://fortune.com/europe/2023/12/08/g ... ion-study/

 The biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflation

To a large degree, data can show what you want it to show.  But that is completely irrelevant to MY point.

Maximizing profit for the owner(s) is the primary purpose of every business.  Therefore, corporate leadership is doing what they are paid to do.

 

Bidencrimefamily » 12 Apr 2024, 9:58 am » wrote: ↑

12 Apr 2024, 9:58 am

I see your compelling agruement. 

But the data shows you have no clue.

https://fortune.com/europe/2023/12/08/g ... ion-study/

 The biggest study of ‘greedflation’ yet looked at 1,300 corporations to find many of them were lying to you about inflation

https://www.cnbc.com/biden-goldman-camp ... orrection/

https://www.bloomberg.com/news/articles ... chips-push

 
 

BooRadley » 12 Apr 2024, 10:12 am » wrote: ↑

12 Apr 2024, 10:12 am

https://www.bloomberg.com/news/articles ... chips-push

And that proves something. 

Lol

Whats the point here. 

That i guy quits a bank to help america secure high end chips to protect american interests and economy from global disruptions. 

You got nothing. 

Stick to asking dumb questions. 

Thats your sweet spot
 

BooRadley » 12 Apr 2024, 10:10 am » wrote: ↑

12 Apr 2024, 10:10 am

Goldman Sachs?

How much do they give to the Democrats for donations?

  tRump hired everyone from Goldman Sachs but Goldman Sachs   

and that’s after he told you guys that “hillary was meeting with them to plan the destruction of America”   

Mrkelly » 12 Apr 2024, 10:21 am » wrote: ↑

12 Apr 2024, 10:21 am

  tRump hired everyone from Goldman Sachs but Goldman Sachs   

and that’s after he told you guys that “hillary was meeting with them to plan the destruction of America” 

Oh no facts. 

Dont do that she will call you a liar.