meta_pixel
Tapesearch Logo
Log in
Slate News

What Next: How Corporations Are Taking Advantage of Inflation

Slate News

Slate Podcasts

News, News Commentary, Politics

4.56K Ratings

🗓️ 17 May 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Consumers are paying higher prices almost everywhere as inflation continues to rise. But corporate earnings calls have revealed that many companies are using inflation as a cover to jack up prices and increase profits — all on the backs of customers. Guest: Lindsay Owens, executive director of the Groundwork Collaborative.  If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Best Buy. Whether you're searching for exciting gifts or trying

0:05.2

to snag the hottest holiday deals, Best Buy is here to help. From air friars for the aspiring

0:10.4

foodies in your life, to smartwatches, your fitness friends will love. Best Buy is your

0:15.3

gifting destination for everyone on your list. Best Buy makes it easy to get your gifts how and when

0:20.4

you need them with free next day delivery on thousands of items, as well as same day delivery and

0:25.6

in store pickup options. Shop great deals on gifts now. At Best Buy. Hey everyone,

0:32.6

just wanted to give a special welcome to all of our new listeners from over at Spotify.

0:37.4

Yeah, we see you guys. Welcome. And just make sure you go and click that follow button.

0:43.1

It'll make sure I am sitting in your feed day in, day out. You won't miss a thing.

0:48.0

All right, on with a show. For the last few months, Lindsay Owen and our colleagues at the

0:57.4

Groundwork Collaborative Think Tank have been listening in on these phone calls. We combed through

1:03.4

and listened in on hundreds of corporate earnings calls. These are the quarterly phone calls that,

1:11.7

you know, CEOs and CFOs have with their investors and shareholders each quarter after they release

1:17.3

their quarterly report. It's like a corporate pep rally, right? It can be a bit of a pep rally.

1:23.8

Yeah, boosting up the investors, trying to juice the share price a little bit.

1:30.8

Lindsay's been looking for answers about our weird economy at the moment.

1:34.7

Specifically, she's looking for the origin of the inflation that's dogging all of us at the grocery

1:40.1

store, at the gas pump, just about everywhere. Are these corporations feeling pressed right now?

1:46.8

Like are they like, oh, this economy man, it's stretching us.

1:50.4

The main takeaway that we had from these earnings calls is these CEOs are saying that inflation

1:55.6

has been very good for business. I'd like to welcome everyone to the Coca-Cola companies

2:02.1

first quarter earning results conference call. Today's call is being recorded.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Slate Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Slate Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.