Corp profits dont help, but they're about as consequential as wage increases.
Its sticky because of the money printing done in the past, and still happening.
They printed a TON of money, its devalued our $$$'s. This is the direct consequence.
Its fascinating to watch what i suspect is another bigger collapse (than the GFC) start, and NOBODY in the MSM is looking at the elephant in the room wearing a big loud hat that says "IT WAS ME".
Unfortunately some economic actors can protect themselves, even profit from inflation much easier than others. Inflation usually hits the poor the hardest. Given the same amount of real resources this is because other groups of society can take advantage of inflation to increase their share of the pie.