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Is Corporate Greed the Cause of Inflation?
3 years ago
1
Berkeley Professor and former Secretary of Labor Robert Reich has been making the rounds on Twitter and YouTube, arguing that inflation is being driven by corporate greed and market concentration. Since this is now a common talking point among many politicians, in this video I show you the argument and stack it against a 70 year history of inflation data to determine if this is really a good framework for thinking about the inflationary phenomenon
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