You’re so focused on whatever point you came here to make before even reading the article you’re missing the point entirely.

It’s a very simple post: corporate profits are at an all-time high, indicating they have no real issue with the costs of materials or distribution. That would be something that cuts into their profits. Yet they claim that the rising costs associated with their supply chain is the reason they need to raise prices.

Raising prices a little bit, sometimes, is relatively inconsequential. But these corporations are laying the groundwork to prepare consumers for more price increases, throughout the winter and into next year. If you read more than 2 of the 9 sources here (not even counting the times I cite my other articles) you’d see that.

If they continue to raise prices unreasonably for a sustained period of time, then we have hyperinflation caused by corporations.

Top Writer in Gov, Politics, Economics. Love nature, technology, and standup! Bachelor’s in Communication Studies & Mechanical Engineering @ Cal Poly SLO.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store