kulta

joined 1 year ago
 

In the past, corporate profit growth accounted for maybe a third of inflation. But a report from the Kansas City Fed found that nearly 60% of inflation in 2021 was because of corporate profits.

[–] kulta@lemmy.fmhy.ml 0 points 1 year ago (1 children)

For new users, no need to explain in too much detail. Just get them onto a big instance (lemmy.world is probably the best now) and after they start, they can learn more about instance.