Why the White House stopped telling the truth about inflation and corporate power | Robert Reich

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Why the White House stopped telling the truth about inflation and corporate power | Robert Reich
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Starbucks, McDonald’s, Amazon – all protect profits by making customers pay more. They can and should cover rising costs themselves

. I don’t know what their objections were, but some economists argue that since corporations with market power wouldn’t need to wait until the current inflation to raise prices, corporate power can’t be contributing to inflation.

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