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Fineous4 t1_jefoo75 wrote on March 31, 2023 at 5:51 PM

Reply to comment by BG40 in Fed inflation gauge February 2023: Core PCE up 0.3%, less than expected by bambin0

If you made one cent last year in profit, but made eight cents this year it is a 700% increase in profit. Percent increases in profit don’t matter because they tell you absolutely nothing. Increases in revenue tell the story.