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Democrats blame inflation on "greedy" corporations

#5
(This post was last modified: 11-26-2021, 11:11 AM by The Real Marty. Edited 1 time in total.)

(11-25-2021, 10:27 PM)mikesez Wrote: It depends how competitive the marketplace is. If there is very little competition and high margins, the corporation can afford to eat a cost increase without passing it on to consumers, at least for a little while. If there is high competition, then that's not true. There is high competition at almost every level of food and groceries so Ms. Ruhle and Ms. Warren are both wrong.

Corporations have a duty to their stockholders to make as much money as they can.  If they decide not to do that, the board of directors needs to explain to the stockholders why they are giving away money that rightfully belongs to the owners of the company- the shareholders.

By the way, Senator Warren is an ignorant demagogue.
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RE: Democrats blame inflation on "greedy" corporations - by The Real Marty - 11-26-2021, 11:09 AM



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