Replying to Avatar The Beave

Inflation is ONLY an increase in the supply of money.

Corporate profits might be aided by this in the sense they are taking in more dollars, but... It's actually less value.
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rfkill 1y ago

That's ignoring the Cantillon effect. Businesses in closer proximity to the new money will benefit in terms of purchasng power at the expense of everyone else.

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The Beave 1y ago

Yes, but... It's still an effect from the increase in monetary supply. If that didn't occur, then there would be no additional effect for big business or anyone else