How Corporate Practices Are Driving Up Global Inflation
Your everyday purchases are impacted by the actions of corporations worldwide. From monopolistic practices to supply chain disruptions, corporate actions can significantly contribute to the rise in global inflation rates. Let's investigate into how these corporate practices are influencing the prices you see at the checkout counter and what steps can be taken to mitigate their effects.Key Takeaways: Global Supply Chain Disruptions: Corporate practices such as outsourcing, just-in-time inventory management, and reliance on certain regions for production have contributed to global supply chain disruptions, leading to higher production costs and inflation. Increased Pricing Power: Companies are taking advantage of the…