'We may be looking at the end of capitalism': One of the world's oldest and largest investment banks warns ‘Greedflation’ has gone too far

[VUBot]

When costs go up, so do profits? That’s not how capitalism is supposed to work, but that is the recent trend. For over a year now, consumers and businesses, both in the U.S. and worldwide, have struggled with stubborn inflation. But the soaring costs haven’t prevented corporations from raking in…

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