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   🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Tuesday, 12-Dec-2023 03:43:18 JST 🎓 Doc Freemo :jpf: 🇳🇱

   in reply to

   @realcaseyrollins

   By the way here you can see a chart showing the relationship bertween corporate profits and inflation. You can see in the past there is very little relationship between them: https://randomterrabytes.net/2022/05/22/inflation-and-corporate-profits/

   Now the real question is why did we have those huge corporate profits seemingly out of nowhere during a downturn in the economy... I answered this already, it was QE.

   So again it is **not** the profits thats is to blame, it is something totally unrelated (QE) that happened to have the side effect of **artificially** increasing corporate profits. This injection of free money caused inflation, not the profits themselves.

   @geekysteven