[jb12]

Record breaking profits are caused by, not the cause of, inflation as goods and services get more expensive while the cost of labour takes time to catch up. This is well known economic theory.

Did corporations suddenly become greedy in 2021? No, they were always so.

[rolobio]

Agreed. I keep hearing about these record corporate profits, and I always ask "are they record profits after being adjusted for inflation?" I would bet that some of them are, but these companies want to claim record profits (willfully ignoring inflation), so their stocks go up.