One big, largely ignored source of inflation: Corporate greed. Mega-corporations are raising prices even as they rake in record profits...so why isn’t the media talking about this?... ( read more )
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Inflation is a sustained increase in the general price level of goods and services in an economy over time. It can have detrimental effects on consumers, businesses, and the overall economy. While there are several factors driving inflation, one significant contributor often overlooked is corporate greed. Corporate greed refers to the relentless pursuit of profit and self-interest by businesses, often at the expense of workers, consumers, and the broader society. When companies prioritize profit maximization over all else, it can lead to inflationary pressures in the economy. One wa
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)