Submitted by ODDBOY90 t3_10v1rb0 in Pennsylvania
drxdrg08 t1_j7hxpby wrote
Reply to comment by julietteskyerose in So its safe to say as of 2023 theres No more stimulus checks coming right? by ODDBOY90
> Just saw a headline that big oil is making record profits
That's how inflation works.
If inflation was 20% in the last 2 years, but your business is -10% in the same time, you still can set a "record" since it is measured in inflated dollars.
steelceasar t1_j7i940f wrote
Does it make you feel good to defend large corporations and the ultra wealthy as they are actively gouging you for profit?
drxdrg08 t1_j7j0xik wrote
I'm explaining basic economics, sometimes even basic math.
steelceasar t1_j7j25fu wrote
>basic economics
Yes you are, you are attempting to distill complex corporate economics down to the level of a household budget; and then deriving truisms from the comparison. It's dumb and self defeating, unless you are a corporation benefiting from record profits. Are you actually a corporation and thus defending yourself?
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