Re:Summers: Inflation Reached 18% in 2022 Using the Governme...
by exe34 on Sunday April 14, 2024 @06:47AM
(#40030208)
It's not the market that's eating the "surplus". Economic inequality is at an all time high. Big corporations are posting record-busting profits. Inflation is driven by greedflation, mostly.
[ Parent
| on HN ]
Re:Summers: Inflation Reached 18% in 2022 Using the Governme...
by lupire on Sunday April 14, 2024 @01:53PM
(#40032927)
Corporations aren't natural persons. You have to look a the in/equity of the wealth of the people who enjoy the corporation's money.
Re:Summers: Inflation Reached 18% in 2022 Using the Governme...
by exe34 on Sunday April 14, 2024 @06:44PM
(#40035155)
Did you think I was claiming the corporations themselves were hoarding the wealth? Did it not occur to you that I was referring to the corporations as the tools of the shareholders? Do I really have to be that explicit and include misquotation alerts for every possible idiot?