IMF: Largest driver of EU inflation is corporate profits

Re:IMF: Largest driver of EU inflation is corporate profits by Barrin92 on Monday June 26, 2023 @02:37PM (#36483850)

Because the basic economic argument against this theory is pretty sound. Companies can't arbitrarily raise prices because market competition drives profits down. It's why highly competitive industries like the restaurant sector aren't profitable, everyone competes for the same consumers, and the lowest cost provider will win.

Inflation doesn't actually change anything about this so if companies can just collude and make up prices the question is why did they only start doing it three years ago

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Re:IMF: Largest driver of EU inflation is corporate profits by alexaholic on Monday June 26, 2023 @02:56PM (#36484180)

> Companies can't arbitrarily raise prices

The article suggests this is false

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Re:IMF: Largest driver of EU inflation is corporate profits by surement on Monday June 26, 2023 @03:38PM (#36484693)

then you know it's not a great article.

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Re:IMF: Largest driver of EU inflation is corporate profits by ClumsyPilot on Monday June 26, 2023 @03:47PM (#36484812)

I know you are not critically engaging with it.

You know how you think the world should work and you reject evidence in front of you. You do not liok for counter-evidence, or find faults in the evidence presented - you just reject it outright, like how flat earther rejects physics

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