Wolfers compares corporate profits and inflation | Gerald R. Ford School of Public Policy

Wolfers compares corporate profits and inflation

November 15, 2022 NPR

Justin Wolfers, NPR: "Corporations have celebrated higher prices in their earnings calls ever since the history of the earnings call. Blaming inflation on greed is like blaming a plane crash on gravity. Corporations have always tried to raise prices whenever they could. Still greed, but that greed forces them to offer low prices 'cause they're trying to outmuscle their competitor."