Record profits are recorded via /r/wallstreetbets #stocks #wallstreetbets #investing

Record profits are recorded

So, we’ve been hearing about the collapse of the economy a very great deal.

At the same time companies are reporting blowout quarters. Profits are in the spectacular range.

Am I just missing how if these companies paid appropriate [not insane amounts, appropriate amounts] taxes, the economy never had to tank at all?

And if companies not releasing products so they could claim higher prices due to ‘supply issues’ which causes the CPI to increase and inflation to rise, when inflation apparently doesn’t have to be as high as it is, now that supply issues are going to be less of a problem, is inflation going to ease a little? I’m not saying disappear because that’s not realistic but does it really need to be this high when there were artificial factors influencing it to go higher?

These are genuine questions, I’m not trying to be smart, I’m not all that smart.

I hope you all have a great weekend.

Submitted January 29, 2022 at 08:36AM by TalkingBackAgain
via reddit