In the 1950s, about 60% of corporate profits came from real production, and the rest from finance. During most of the Great Inflation, the ratio was 50-50.Should give pause.
Today, about 25% of corporate profits come from real production. Three quarters comes from finance. From other people's debt.
Few words, mostly FRED charts.
Read it at The New Arthurian
"One for You, Three for Me"
by The Arthurian
