Yes, yes. This was not the deal, of course. Inflation was very much the fault of expensive energy (Putin!) and unforeseen circumstances (Putin!) and a bit of those unions suddenly all wanting high wages. But not from those great companies, like Ahold and Shell and Vattenfall and all those buddies who were making record profits in 2022. But now this! “Data articulated in more than two dozen slides presented to the 26 policymakers showed that company profit margins have been increasing rather than shrinking, as might be expected when input costs rise so sharply, the sources told Reuters.” Yeah that’s a bit crazy isn’t it. “The idea that companies have been raising prices in excess of their costs at the expense of consumers and wage earners is likely to anger the general public.” The general public! That’s you! Where are those pitchforks?
