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Economists are divided on what to do about inflation. Do we wait it out? Or should the Fed increase interest rates, risk...
21/01/2022

Economists are divided on what to do about inflation. Do we wait it out? Or should the Fed increase interest rates, risking stagflation and an austerity-imposed recession that would claw back any of the gains that working people have recently made.

And that small subgroup of retail and CPG category managers and pricing analysts that do set prices are accountable to p...
21/01/2022

And that small subgroup of retail and CPG category managers and pricing analysts that do set prices are accountable to profitability targets set by the executives and boards whom they report to, with the goal of keeping investors happy with an ever flowing stream of buybacks and dividends.

These massive profits also deflate the bait and switch tactic that rising wages and associated labor costs are driving i...
21/01/2022

These massive profits also deflate the bait and switch tactic that rising wages and associated labor costs are driving inflation. Over 99.99% of workers don’t set prices.

21/01/2022

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