Political Quotes

Robert Reich: “The underlying economic problem... is profit price inflation, that is, corporations raising their prices above increases…”

On the recordSeptember 21, 2022
The underlying economic problem... is profit price inflation, that is, corporations raising their prices above increases in their costs.
Said by
Robert Reich

Editor's note · Context

Corporate profits are driving inflation, not wages.

Share

More from Robert Reich

Jul 24, 2025

Is it any wonder, so many people think the system is rigged?

commondreams.org
Aug 6, 2025

He is the bully-in-chief. He doesn’t know how to act other than bullying.

democracynow.org
Sep 12, 2025

Next year, Americans will see the biggest jump in health insurance costs in 15 years.

commondreams.org