Ever since inflation settled in, there has been a blame game happening among pundits, economists, and politicians. There seems to be two concepts garnering broad consensus across the political spectrum: 1) There is more than one reason for the current inflation, and 2) The coronavirus pandemic had a lot to do with it. Another argument around drivers of inflation has been more hotly contested and carries much more interesting ramifications. That's the role — in one way or another — of corporate greed, or 'greedflation'. Today, we will take a look at views from those who believe 'greedflation' is having a big impact on inflation and those who believe it has no impact at all. Then, I'll give you my take.
Member comments