Capitalist Opportunists

It is usually the George Soros types with enough ruthlessness to profit during times of economic unrest. He is not the only one, but has made away with some good kitties as national economies collapse.

As for tariffs, they are implemented to help protect local business and make them more competitive against foreign imports.

originally posted by: infolurker
a reply to: Phage

The Fed created 124 TRILLION $$$ and gave it to banks, corporations, foreign banks and the stock market.

Of course that kind of increase in the money supply is going to catch up sooner or later.

A FOIA request delayed 10 years has confirmed information from 2011. During the 2008-2010 bailouts, the FED monetized and gave banks including foreign banks 29 Trillion. After 2010, another 95 Trillion.

www.cnbc.com...

www.huffpost.com...

The Federal reserve didn't increase the money supply by 124 trillion. That is the cumulative total over the period. Since they are loans (and paid back) they don't increase the money supply.

From an individual company POV it makes perfect sense.

We are significant issues with supply and logistics in a lot of industries right now Given the relatively risk free approach of maintaining or increasing profits through price increase, versus trying to increase market share with the complexity and costs involved.

a reply to: Phage

It’s state intervention. Worldwide, the state has taken it upon itself to fiddle with the economy, forcing businesses to close, workers to work from home, and regimenting society in such a way that running a business was almost impossible without the state’s help. The opportunists here were state bureaucrats.

originally posted by: Phage
a reply to: Bluntone22

The article says that margins have increased.

They are using margin to describe both profit margin percent and dollar value interchangeably, the data does not indicate what the source implies.

Retail prices have increased primarily because wholesale prices and labor related costs have increased.

Wholesale prices have increased primarily due to money printing, commodity demand increasing, commodity supply disruptions, and increased labor related costs.

Time for midterms already?

Phage?
Have you ever heard of The Lincoln Project?