Are big corporate profits to blame for inflation?
Are big corporate profits to blame for inflation?

Are big corporate profits to blame for inflation?

The Story of Money


20.07.2022 • 18 Min.

Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing? In this week’s episode, the FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives. Clip courtesy of Bloomberg - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading: US companies face rising battle to fend off vilification over ‘excess’ profits Joe Biden blasts Chevron chief as ‘sensitive’ after fuel-price criticism The war on ‘woke capitalism’ - - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Andrew Edgecliffe-Johnson (@Edgecliffe) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.