Re:IMF: Largest driver of EU inflation is corporate profits
by concordDance on Monday June 26, 2023 @02:43PM
(#36483936)
Well the question they are asking is: why now? Were companies not wanting to maximize profits 5 years ago?
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Re:IMF: Largest driver of EU inflation is corporate profits
by mrguyorama on Monday June 26, 2023 @03:35PM
(#36484644)
Surely nothing happened in the past couple years that demonstrated people can absorb some extra costs?
Re:IMF: Largest driver of EU inflation is corporate profits
by alexaholic on Monday June 26, 2023 @03:02PM
(#36484267)
I suspect what happened was rising prices because of the pandemic and the war showed companies they can increase prices without also suffering a significant decrease in sales. After all, when virtually all prices are going up, where are consumers going to go?