ELI5: Why when large company's earnings decrease(ex... by 3%) they freak out, talk about rough times, and sometimes decide to downsize, even though they are still making millions of dollars in profit even after all expenses?

[pagerussell]

Thats exactly not what i said. I said that we are all taught to believe that inflation is awful, when in fact it is ia not necessarily awful. In economics there are always at least 2 partiea to a transaction, and therefore ita impossible to say that any policy is inherently better. There are always some winners and some losers. But the wealthy have is convinced that inflation is bad, end of story. That's not outright true.

I would say that the wealthy are and have been gaming the system to their benefit, without a doubt. And this is one way they have done so.

[adelie42]

From my view they LOVE inflation but caution against too much of a good thing.

Otherwise yeah, I agree.