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“High corporate profits are a main driver of ongoing inflation, and companies continue to keep prices high even as their inflationary costs drop.”
https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits
It’s a misnomer to call this “inflation” — it’s corporate collusion-driven price gouging.
‘Vaulting’… expected 3.4%, got 3.5%. These editorialized headlines are eroding any semblance of journalism.



