#Inflation is rolling over. PPI inflation for finished goods continues to fall, with year/year rate coming down to +9% in December #CoSoFinance
@RealSeanBrodrick it’s not truly inflation when companies are posting record earnings.
@AndyM Ah, but you see, the big corporations are arguing the flip side of that. They say it's not price gouging when there is inflation. Even companies that aren't affected by inflation in any real way.
@RealSeanBrodrick of course they would argue that, and they count on people not knowing the historical numbers obliterate that argument. Simply put, the data does not support that argument.
@RealSeanBrodrick you figure it out but looking at the historical percentage rate of inflation and profits. As well as earnings reports. However, corporations count on the ignorance of the public, and such reliance isn’t necessarily misguided.