Post by benson on May 29, 2022 11:58:25 GMT
Finance professor: corporate greed and record profits contribute to massive inflation
Inflation is putting a pinch on the average person…
But not everyone.
"CEO pay for the largest corporations are up 30 percent," said Kevin Bahr.
Kevin Bahr is a professor of finance at the University of Stevens Point.
He says while most families are struggling… the largest companies in America are posting record profits.
"Pick a measure and it all points to, yeah some people, a lot of people struggled last year but some people not so much," said Bahr.
Inflation is often measured using the consumer price index, a combination of household good prices.
This means that if companies raise their prices, inflation rises.
www.wjfw.com/news/finance-professor-corporate-greed-and-record-profits-contribute-to-massive-inflation/article_4653825c-d631-11ec-8b50-8318b393bcaa.html
Inflation is putting a pinch on the average person…
But not everyone.
"CEO pay for the largest corporations are up 30 percent," said Kevin Bahr.
Kevin Bahr is a professor of finance at the University of Stevens Point.
He says while most families are struggling… the largest companies in America are posting record profits.
"Pick a measure and it all points to, yeah some people, a lot of people struggled last year but some people not so much," said Bahr.
Inflation is often measured using the consumer price index, a combination of household good prices.
This means that if companies raise their prices, inflation rises.
www.wjfw.com/news/finance-professor-corporate-greed-and-record-profits-contribute-to-massive-inflation/article_4653825c-d631-11ec-8b50-8318b393bcaa.html