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IMF reports inflation driven by corporate profits (www.imf.org)

submitted 2 years ago by wet_lettuce to c/news

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[–] dragoonies 14 points 2 years ago

Agreed and well said. I remember a report in the past year that showed the more consolidated an industry, the greater the amount of profit driven inflation. I think that helps show your point that it's monopolistic power that's enabling these companies to do this and that is what needs to be addressed, not interest rates.