EPISODE · Jul 20, 2022 · 18 MIN
Are big corporate profits to blame for inflation?
from Behind the Money
Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing? In this week’s episode, the FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives. Clip courtesy of Bloomberg- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:US companies face rising battle to fend off vilification over ‘excess’ profitsJoe Biden blasts Chevron chief as ‘sensitive’ after fuel-price criticismThe war on ‘woke capitalism’ - - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Andrew Edgecliffe-Johnson (@Edgecliffe) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing? In this week’s episode, the FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives. Clip courtesy of Bloomberg- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:US companies face rising battle to fend off vilification over ‘excess’ profitsJoe Biden blasts Chevron chief as ‘sensitive’ after fuel-price criticismThe war on ‘woke capitalism’ - - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Andrew Edgecliffe-Johnson (@Edgecliffe) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Are big corporate profits to blame for inflation?
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