Dusseldorf “Greed inflation” – behind this pun of “greed” and “inflation” lies a serious accusation: Some economists and consumer advocates blame companies for the sharp rise in prices in recent months. Companies would enrich themselves from the current situation and artificially raise prices more than necessary to optimize their profits.
Handelsblatt editor Christoph Schlautmann looked at a whole series of company balance sheets to find out how much truth there is behind these accusations. He presents the results in the current episode of Handelsblatt Today: “Of 32 producing DAX companies, only six were able to improve their gross profit margin.” This is an important indicator for measuring “greed inflation”.
In addition, Handelsblatt editor Martin Greive from Berlin gives the political perspective on this debate. Some politicians are now demanding stronger controls in the economy to protect consumers from supposedly greedy corporations.
More: Myth “Greed inflation” – What can be learned from the balance sheets of large corporations
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