GenZedong@lemmygrad.mlEnglish · 2 years ago

Corporate profits were biggest driver of inflation in Europe, IMF admits

geopoliticaleconomy.com

cross-posted to:
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Corporate profits were biggest driver of inflation in Europe, IMF admits

geopoliticaleconomy.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

GenZedong@lemmygrad.mlEnglish · 2 years ago

cross-posted to:
[email protected]

Rising corporate profits have caused 45% of inflation in Europe, compared to 40% for rising import prices and just 15% for workers' wages, according to research by IMF economists.

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2 years ago
They are ignorant of what they are paid to be ignorant of

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