The Inflation FAIRY TALE
The reason officials repeatedly say we have high inflation, and rising prices, are supply chains and supply and demand issues resulting from the pandemic, even though corporate profits are at all-time highs. Some economists disagree with that official explanation and argue the current inflation is a result of profit margin expansion.
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Sources:
Yahoo Finance - Core PCE: 'We're in complete deflation territory,' economist says
https://www.youtube.com/watch?v=QoC2Qu6iHUw
Stemming the Cost of Living Crisis | Davos 2023 | World Economic Forum
https://www.youtube.com/watch?v=ELYluxxoTr4
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