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A comment on Inflation rose to 7.9% in February, led by food and energy. Parent comment

Re:Inflation rose to 7.9% in February, led by food and energy by dragonwriter on Thursday March 10, 2022 @01:30PM (#30630548)
> What does it really mean when inflation is going crazy, but also many businesses are making really absurd, record profits?

That's...normal.

Outside of stagflation (which is exceptional among inflationary conditions, hence the special name) inflation tends to be positively correlated with economic growth which is positively correlated with profits

Inflation suddenly becoming an issue right around the same time that a rapid bounce back from the COVID slowdown took hold wasn't a weird coincidence.

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Re:Inflation rose to 7.9% in February, led by food and energy by lifeplusplus on Thursday March 10, 2022 @02:02PM (#30630993)
Thinking inflation is positively correlated with profits is like getting punched in face is positively correlated with increased healing. Or Earth quakes are good for economy because they create more economic activity.
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