New York CNN —Some progressives have frequently blamed corporate greed for fueling the high cost of living that Americans are fed up with.
That’s corporate greed.
That’s corporate greed.
Although the paper did not directly mention corporate greed, shrinkflation or Biden, the research undercuts the argument that greedflation drove the early inflation.
That report found corporate profits were to blame for 34% of inflation since the start of Covid-19.
Persons:
Sen, Elizabeth Warren, ” Warren, “ That’s, It’s, —, ”, Joe Biden, ” Biden, CNN’s Erin Burnett, Biden, – we’re, shrinkflation, greedflation, Jeremy Edwards, ” Edwards, “, –, Greg Valliere, ” Valliere, Jerome Powell, Caroline Ciccone, profiteer
Organizations:
New, New York CNN, Federal Reserve Bank of San Francisco, Fed, SF Fed, ”, CNN, White, AGF Investments, Federal Reserve, Federal, Federal Reserve Bank of Kansas City
Locations:
New York, America, Kansas