Corporate America is nearly as corrupt and greedy as the U.S. government.
I trust neither.
Standard defintion of inflation: Too much money chasing too few goods, in which the price of goods are bidded upward.
With the Fed, the Congress and Biden, borrowing & spending, or merely “printing” money (through the Fed & Treasury manipulating the money supply), as if conditions are still an “emrgency”, long after the Covid “pandemic” had been receding, is from where we get the current high inflation.
Biden’s name will forevermore be associated with inflation, as well as Carter’s name.
In fact, inflation should be defined as the “Biden economy”, and “Carter economy”. Synonyms next to ‘inflation’ in the dictionary should be “Biden” and “Carter”.
(As an aside, Zimbabwe 100 trillion dollar notes have become collector's items, so there is that.)
Joe Mushmouth can say how ‘strong’ the economy is because the only ones who are getting hurt because of the poor economy and inflation are the consumers. No one hears about big business complaining about inflation because big business LOVES inflation. They get to raise prices, deflate the product by changing the size and even the chemical content of their product at will without having to ‘blame’ anything at all because the gov’t never asks!