Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

  • Drusas@kbin.social
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    11 months ago

    Central banks set interest rates with the sole intention of protecting the upper class at the expense of the lower classes (which is to say, most people). They are part of the problem.

    • sadreality@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      11 months ago

      No doubt but they are fighting inflation with text book method. Their corporate buddies caused it by price gouging but nobody will admit it and the executive will not punish criminals.

      I don’t understand why executive which has all this power is not being held accountable for non actions which enable these crisis.