spaduf@slrpnk.net to News@lemmy.world · 7 months ago‘Greedflation’ study finds many companies were lying to you about inflationfortune.comexternal-linkmessage-square142fedilinkarrow-up11.3Karrow-down111cross-posted to: antiwork@lemmit.onlinehackernews@derp.foopolitics@lemmy.world
arrow-up11.29Karrow-down1external-link‘Greedflation’ study finds many companies were lying to you about inflationfortune.comspaduf@slrpnk.net to News@lemmy.world · 7 months agomessage-square142fedilinkcross-posted to: antiwork@lemmit.onlinehackernews@derp.foopolitics@lemmy.world
minus-squarechiliedogg@lemmy.worldlinkfedilinkarrow-up3·7 months agoTo be pedantic, a business that’s keeping the same percentage margins will always post record profits in an inflationary economy.
minus-squareilex@lemmy.worldlinkfedilinkarrow-up2·7 months agoTo be pedantic, all other things being equal, like quantity sold. Riiiiiight?
minus-squarechiliedogg@lemmy.worldlinkfedilinkarrow-up1arrow-down1·7 months agoDo you have a job? If so, do your expect your employer to pay you only the cost of your commute and nothing else?
minus-squareLemmysMum@lemmy.worldlinkfedilinkarrow-up1·edit-27 months agoDo you have a dictionary? If so, why have you confused revenue with profit? Profit is the stolen excess after all the shareholders, workers, suppliers and producers have been paid their fair share. If you want to argue that they aren’t being paid a fair share then why is there a profit margin?
minus-squarechiliedogg@lemmy.worldlinkfedilinkarrow-up1·7 months agoRevenue is income. Profit is income minus expenses. Without ANY profit there no motivation to operateva business.
To be pedantic, a business that’s keeping the same percentage margins will always post record profits in an inflationary economy.
To be pedantic, all other things being equal, like quantity sold. Riiiiiight?
The best kind of correct.
To be pedantic, profit is theft.
Do you have a job?
If so, do your expect your employer to pay you only the cost of your commute and nothing else?
Do you have a dictionary?
If so, why have you confused revenue with profit?
Profit is the stolen excess after all the shareholders, workers, suppliers and producers have been paid their fair share. If you want to argue that they aren’t being paid a fair share then why is there a profit margin?
Revenue is income. Profit is income minus expenses. Without ANY profit there no motivation to operateva business.