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In reply to the discussion: Revealed: Top US Corporations Raising Prices on Americans Even as Profits Surge [View all]jaxexpat
(7,794 posts)For the holding companies of established multinational corporations there is essentially no risk their profits will decline. It's not important, actually, whether they make money or not. Piratization, cannibalization and simply selling off losers is relatively painless when the game is fixed. Only incompetent criminals like Trump can actually fail at business in this era of corporate mollycoddling by federal regulatory agencies (and, incidentally, a FBI, IRS, US Marshals, DOJ service that has been defunded and/or compromised into castratiland). It's been engineered that way in concert with "A list" denizens' tendency to forfeit control of our most essential commodities to the vagaries of 21st century monopolies. But that's another tier in the story.
Unfortunately for consumers, as people hear dire warnings from the mainstream media and drown in a ghostly self-perpetuating panic incubated on social media, they're almost obligated to fear "inflation". So, if the public is ignorant and disinterested in the fundamentals of the current economic situation and really can't be bothered to get informed beyond their "daily Facebook/Twitter briefing", is it a surprise that corporate profits surge with every uptick in popular panic?
People don't know, and haven't for a while, that the only thing the "masters of the world" fear is informed populations. Especially when they act en masse to reject corporate greed with their purchasing powers. But, BTW, popular reformists beware. The "masters of the world", the "A list" denizens', have a very deep-pocketed war chest with which to punish those who dare try their patience. It's almost as if, while we were sleeping, reasonable government was replaced by petty tyrant robots with top-notch accounting staffs.
The Book of Bartcop, Chapter 1, verse 1: If a mistake profits an entity, expect that entity to reproduce that mistake again and again etc.
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