We investigate the monetary linkage between aggregate accounting profitability changes and inflation. Recent previous … (i.e., real riskless rate, expected inflation, and expected equity risk premium) further supporting the theory of … aggregate profitability changes and inflation growth. The paper examines simultaneously the causal relations among aggregate …

The dominant view of inflation holds that it is macroeconomic in origin and must always be tackled with macroeconomic … tightening. In contrast, we argue that the US COVID-19 inflation is predominantly a sellers' inflation that derives from … windfall profits and provide an impulse for further price hikes. (2) To protect profit margins from rising costs, downstream …

profit with a possibility to earn enough to repay their debt and with positive balances for all actors. The author will prove … pure credit economy, it remains impossible to gain a monetary profit for all actors. More precisely that the total sum of … monetary profit over all actors is zero. …