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News@lemmy.world • 11 months ago

‘Greedflation’ study finds many companies were lying to you about inflation

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‘Greedflation’ study finds many companies were lying to you about inflation

@spaduf@slrpnk.net to

News@lemmy.world • 11 months ago

Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.

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@chiliedogg@lemmy.world
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4•11 months ago
To be pedantic, a business that’s keeping the same percentage margins will always post record profits in an inflationary economy.
- @ilex@lemmy.world
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  3•11 months ago
  To be pedantic, all other things being equal, like quantity sold. Riiiiiight?
  - @chiliedogg@lemmy.world
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    1•11 months ago
    The best kind of correct.
- @LemmysMum@lemmy.world
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  1•11 months ago
  To be pedantic, profit is theft.

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