What you are seeing are the effects of currency debasement caused by government over spending, deficit spending, and money supply expansion. Their profits appear higher because the money is worth less. Anything measured in dollars will appear higher because it takes more dollars to buy the same amount of goods and services no matter if you are an individual or a business. If you want to be angry about something be angry about this. This is the disease. Inflation is the symptom.
Discussion
No replies yet.