LogFAQs > #969193452

masterplum posted...

This argument drives me up a wall every time.

Highest corporate profits are directly related to inflation. They aren't the highest inflation adjusted corporate profits

Profit margins are at a 70-year high or so.

Is that not controlling for inflation since it's a % rather than just the raw number of dollars? I feel like the evidence is pretty compelling that a fair deal of the higher prices atm is corporate greed using inflation as a cover story and excuse to raise/keep prices high. Not to say there aren't underlying issues that would legitimately pressure prices upwards but there's a lot of smoke.

Which, incidentally, is why people care. If they're price gouging people that's typically going to affect the poorest the worst and they're doing so with naked greed.