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Unpacking Inflation and Corporate Profits
This chapter explores the intricate relationship between inflation and corporate pricing strategies, challenging the idea that price increases are necessary for success. It reveals how corporate profits, rather than rising costs alone, have significantly contributed to inflation, while exposing unethical practices in price gouging and market manipulation. Through various studies and examples, the discussion critiques mainstream economic narratives and emphasizes the need for fair wages to ensure accurate pricing in the economy.