As politicians denounce “greedflation,” claiming that “record corporate profits” are what fuels inflation, reality tells us something else. By increasing the supply of money in the economy, the Federal Reserve deliberately inflates, giving us higher prices and distorted production.
You May Also Like
Investing
Collaboratively administrate turnkey channels whereas virtual e-tailers. Objectively seize scalable metrics whereas proactive e-services.
Investing
Quickly coordinate e-business applications through revolutionary catalysts for change. Seamlessly underwhelm optimal testing procedures processes.
Tech News
Image: Scout Motors The VW-backed company is following in the footsteps of Tesla and Rivian by selling directly to customers without a dealership. Continue...
Tech News
UMG and AI company Klay are forming their own foundational Music-generating AI model. | Cath Virginia / The Verge | Photo from Getty Image...