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The majority of the public blames #inflation on price-gouging. That's not surprising, because the CEOs of monopolistic companies keep boasting about their record profits even as they raise prices. 1/ A caricature of a top-hatted, cigar-smoking capitalist yanks
If a company raises prices *and* margins, then we don't have an "inflation" problem, we have a price-fixing problem.

pluralistic.net/2021/11/20/qui…

And yet, the majority of *economists* insist that this is impossible. 2/
They hew to the Reagan-era doctrine that says that inflation is always the result of giving poor people too much money, which leads to the "wage-price spiral." The answer is to hike interest rates, cut "generous" benefits and take away labor rights. 3/
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