> The mainstream economics consensus
Should be linkable from multiple sources. Care to provide some, then?
> was kicked off due to excess savings
That's a partisan talking point if I've ever heard one, and has largely died out in popularity in my view, since we've seen the endless lists of all-time-high corporate profits and margins
> The idea that business profits are driving inflation
Couldn't be more obvious. If everything costs more, and corporations are making record profit and revenue across the board, there's probably no limitation of goods or services.
For instance, [0] argues my claim directly, [1] shows some details of that relationship, and there's an internet full of it.
Everything supporting this "excess savings" bit is either from Republicans or 2021, care to link me something a bit more definitive?
[0]: https://www.kansascityfed.org/research/economic-review/how-m....
Should be linkable from multiple sources. Care to provide some, then?
> was kicked off due to excess savings
That's a partisan talking point if I've ever heard one, and has largely died out in popularity in my view, since we've seen the endless lists of all-time-high corporate profits and margins
> The idea that business profits are driving inflation
Couldn't be more obvious. If everything costs more, and corporations are making record profit and revenue across the board, there's probably no limitation of goods or services.
For instance, [0] argues my claim directly, [1] shows some details of that relationship, and there's an internet full of it.
Everything supporting this "excess savings" bit is either from Republicans or 2021, care to link me something a bit more definitive?
[0]: https://www.kansascityfed.org/research/economic-review/how-m....