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Beef prices in the U.S. are searingly high. Here's why.
(www.cbsnews.com)
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this post was submitted on 08 Jul 2025
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Inflation aka price gouging corpos
Inflation isn't caused by corpos increasing prices. Increasing prices are the result of inflation, in a sane economy.
Inflation is a result of federal monetary policy and fractional reserve currency, and to a degree due to economic conditions outside of control plus government intervention. An example is certain subsidies taking up demand shortfalls and the supply not adjusting to market conditions fast enough.
COL increases without inflationary factors are price gouging corpos, like the idiosyncratic rise in rent and house prices.
If you want to see some wild inflation, magic wand away illegal immigrants and the economy crashes hard as prices go through the roof and sectors of the economy fail, plus side is housing prices also crash... So that's nice?
An aggressive progressive tax on high income "earners" and corporate profits without inane tax avoidance schemes would lower inflation, but you have to balance and phase it in so inflation isn't negative for too long or bad stuff happens with loans and bonds.