> (corporate induced) inflation
Why did the corporations wait for the government to print tons of money to decide collectively to raise prices?
Why did the corporations wait for the government to print tons of money to decide collectively to raise prices?
See, inflation would not be a problem if wages kept up with rising prices. But they do not? Why? Because profit and stock buybacks. Corporation are not paying you a fair wage based on the cheapness of the money they can get from the fed. Instead of keeping profit stable they aim at not raising your salary and keeping that profit so their company looks better and their stock price goes up.
I guess you still believe in trickle down economics?
The causality is not as simple as “governments printing money -> inflation”.