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A comment on The Portuguese can no longer afford to live in Portugal. Parent comment

Re:The Portuguese can no longer afford to live in Portugal by DrNosferatu on Friday September 02, 2022 @06:53AM (#32689140)
How do you justify the current record corporate profits?

Also, Quantitative Easing was literally printing money and yet EU rates (inflation & sovereign debt interest) remained low, many times negative - with some EU countries observing actual deflation.

Only when the supply shock did happen (Covid & Ukraine), rates started to increase. And only after that, price gouging practices started by riding the supply shock public perception - resulting in said record corporate profits.

If there was inflation caused by excess money, how could corporate profits be at record highs?

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Re:The Portuguese can no longer afford to live in Portugal by WalterBright on Friday September 02, 2022 @04:08PM (#32695195)
If gouging worked, why wouldn't corporations have been doing it all along?

Besides, if inflation is 10%, profits would have to rise 10% just to stay even.

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Re:The Portuguese can no longer afford to live in Portugal by DrNosferatu on Saturday September 03, 2022 @03:10AM (#32699500)
Already answered that: corporations are surfing the public perception/impact of supply chain constraints and gas/fuel shortage - and taking advantage of that to raise prices and their respective profit margin. Nope: structural inflation implies clear degradation of profits due to increased operating costs - yet, profits recently increased to record highs.
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