Profit not inflation

[pknopp]

I wasn't sure about putting this in the political section but it does all come back to this. For over 12 years we have had economic policies that piled trillions of dollars into the markets. Now with talk of pulling back on that, the record increases are addictive and must be supported it would seem.

This article (not from a highly biased site) is noting that much of the increase in prices is simply business chasing yearly record profits.

Fattest Profits Since 1950 Debunk Inflation Story Spun by CEOs

 

[progressive hunter]

I wasn't sure about putting this in the political section but it does all come back to this. For over 12 years we have had economic policies that piled trillions of dollars into the markets. Now with talk of pulling back on that, the record increases are addictive and must be supported it would seem.

This article (not from a highly biased site) is noting that much of the increase in prices is simply business chasing yearly record profits.

Fattest Profits Since 1950 Debunk Inflation Story Spun by CEOs

not sure if you know this but a company needs to have profits to maintain the business and pay their employees,,

 

[pknopp]

not sure if you know this but a company needs to have profits to maintain the business and pay their employees,,

They absolutely do BUT Wall Street has made it so that they must show yearly record profits or Wall Street hammers them. It's not good enough to once again make $10 billion in profit, you have to make $12 billion.

 

[progressive hunter]

They absolutely do BUT Wall Street has made it so that they must show yearly record profits or Wall Street hammers them. It's not good enough to once again make $10 billion in profit, you have to make $12 billion.

first off this last yr shouldnt be used for a metric due to government/covid effect where it was intentional redistribution of wealth from the poor to the rich,,
2nd is if you dont like the company dont buy from them,,

 

[Darkwind]

They absolutely do BUT Wall Street has made it so that they must show yearly record profits or Wall Street hammers them. It's not good enough to once again make $10 billion in profit, you have to make $12 billion.

Two things.

1. Yahoo absolutely IS a highly biased site.

2. Wall Street is using the same metric they have always used. Companies forecast their expected earnings and then Wall Street rewards or punish them based upon meeting that expectation.

 

[pknopp]

Two things.

1. Yahoo absolutely IS a highly biased site.

If you had bothered to read the article you would have understood it was a Bloomberg article.

2. Wall Street is using the same metric they have always used. Companies forecast their expected earnings and then Wall Street rewards or punish them based upon meeting that expectation.

The expectations is record profits regardless.

 

[Darkwind]

If you had bothered to read the article you would have understood it was a Bloomberg article.



The expectations is record profits regardless.

The expectations are forecasted based on internal estimations of earnings by the company.

yahoo.com and all its variants ARE absolutely highly biased. The fact they link a Bloomberg article (not an unbiased company or website) doesn't change that. In fact, their linking of such an article must meet their agenda in some way.

Care to take a guess at how that article helps them with their agenda? You've been stating it all along.

 

[LordBrownTrout]

QE 1,2,3,......forever. This is what happens when govt pumps blood into a rotting corpse. Take away the gravy train from the feds and the fun ends.

 

[colfax_m]

not sure if you know this but a company needs to have profits to maintain the business and pay their employees,,

Companies use revenue to pay employees. Profit comes after that.

 

[progressive hunter]

Companies use revenue to pay employees. Profit comes after that.

my god youre brilliant,,

cant get anything past you,,

 

[Crepitus]

not sure if you know this but a company needs to have profits to maintain the business and pay their employees,,

There is a difference between profits and profiteering.

 

[colfax_m]

my god youre brilliant,,

cant get anything past you,,

Why thank you. Explaining simplistic topics to ignorant right wingers is a hobby. So glad to see some gratitude every once in a while.

 

[bripat9643]

I wasn't sure about putting this in the political section but it does all come back to this. For over 12 years we have had economic policies that piled trillions of dollars into the markets. Now with talk of pulling back on that, the record increases are addictive and must be supported it would seem.

This article (not from a highly biased site) is noting that much of the increase in prices is simply business chasing yearly record profits.

Fattest Profits Since 1950 Debunk Inflation Story Spun by CEOs

Anyone who believes that profits cause inflation is an ignorant communist.

Government cause inflation by creating money. That's the only way to create inflation.

 

[bripat9643]

Companies use revenue to pay employees. Profit comes after that.

Did you know that profits don't cause inflation?

Obviously not.

 

[colfax_m]

Did you know that profits don't cause inflation?

Obviously not.

Why not?

 

[bripat9643]

Why not?

Because profits don't create new money, dumbass.

 

[pknopp]

Anyone who believes that profits cause inflation is an ignorant communist.

Government cause inflation by creating money. That's the only way to create inflation.

Creating money is a big driver. I've condemned that for years and years and I get called out for that also. But we have all this "created" money floating around which is what allows a business to raise and raise and raise prices.

If you want to argue it all starts with "creating" money, I won't disagree and I have argued forever to stop it.

 

[colfax_m]

Because profits don't create new money, dumbass.

Is that the only way to create inflation?

Right wing media really does make people dumb.

 

[bripat9643]

Creating money is a big driver. I've condemned that for years and years and I get called out for that also. But we have all this "created" money floating around which is what allows a business to raise and raise and raise prices.

If you want to argue it all starts with "creating" money, I won't disagree and I have argued forever to stop it.

It's the only driver. up until the creation of the Federal Reserve we had no inflation. Since the creation of the Federal Reserve, with the authority to create fiat money, the dollar has depreciated by 96%.

The cause of inflation is obvious.

 

[bripat9643]

Is that the only way to create inflation?

Right wing media really does make people dumb.

Yes, that's the only way. Only commies and dumbasses deny it.