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Comment by parineum

8 hours ago

If it was inflation it be all stocks.

1 comment

parineum

Reply

JumpCrisscross  7 hours ago

Inflation isn't uniform across an economy.

It also preferentially benefits as a function of margin. If Nvidia's prices double, it logs two thirds of that as earnings. For Kroger it turns into like a penny of extra profit for every dollar of price rises.

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