Yogthos on Nostr: We can now definitively put to bed the myth that worker wages are driving the ...

We can now definitively put to bed the myth that worker wages are driving the inflation as even the IMF now admits that corporate profits were biggest driver of inflation in Europe.

Corporate profits have caused 45% of inflation in Europe, compared to 40% for rising import prices and just 15% for workers’ wages!

https://geopoliticaleconomy.com/2023/06/26/corporate-profits-inflation-europe-imf/