Intrepidtron@lemm.eetopolitics @lemmy.world•Stubbornly high US inflation grew stronger than expected in March , vaulting to a 3.5% increase from last year
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7 months ago“High corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop.”
https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits
It’s a misnomer to call this “inflation” — it’s corporate collusion-driven price gouging.
Tesla owners: known to always be super chill people.