2min snip

Odd Lots cover image

Isabella Weber on the Big Rethink of Inflation

Odd Lots

NOTE

The Problem With Random Profitability in a Capitalist Economy

The degree of coordination in price hikes across sectors has been surprising/nFinancial markets discipline companies to continue with price hikes despite potential consequences/nData shows that around two thirds of sectors benefited from price hikes while one third did not/nProfitability becoming random poses a problem for capitalist economies

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