Corporations are using inflation to justify massive price hikes, but are then using their record profits to buy back shares of their own stock and boost share prices. It’s a scam that transfers wealth from the wallets of working people into the pockets of CEOs and shareholders.

Corporations are using inflation to justify massive price hikes, but are then using their record profits to buy back shares of their own stock and boost share prices.

It’s a scam that transfers wealth from the wallets of working people into the pockets of CEOs and shareholders.

Posted Jun 12, 2026, 8:14 PM UTC

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