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by ejb999 1559 days ago
we are not seeing 'corporate induced inflation' we are seeing government policy induced inflation - very big difference.
2 comments

I’d claim inflation responsibility is on both sides. I forget the number off the top of my head, but a rather large proportion of the price increased were collected as profits. Given that a number of industries are dominated by a handful of large conglomerates, the incentive to price products competitively seems rather low.

However, this is also correlated and reinforced with the actions of the federal reserve for a number of reasons.....

This is from BUSINESS INSIDER:

https://www.businessinsider.com/corporations-using-inflation...

"Corporations are using the excuse of inflation to raise prices and make fatter profits," he said.