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Comment by popctrl

I've seen this asked on social media platforms and I'll admit ignorance on the matter, but this seems like a place to get better analysis.

What does it really mean when inflation is going crazy, but also many businesses are making really absurd, record profits? Is that a normal occurrence in periods of high inflation? It really feels more like price gouging than inflation to me, but like I said, I'm ignorant about economics.

How much inflation can be explained by the changes in the labor pool and government spending, compared to companies just charging more and hoarding more?

parent popctrl 4 years ago

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