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Reply to "Can someone explain to me why we have such high inflation now?"
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[quote=Anonymous][quote=Anonymous]OMG does no one follow Robert Reich? A huge problem is that companies are raising rates on everything for consumers, NOT because their supplies cost more, but because they are making record profits, and are doing stock buybacks, lining the pockets of their shareholders and CEOs. These are the same companies that had $19 TRILLION in tax cuts during the Trump administration that were supposed to trickle down.[/quote] I believe you. This is another period of great wealth transfer we are entering now on the coattails of the pandemic upheavals. [/quote]
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