Fed policy, keeping money cheap and expectations unanchored, fuels inflation as demand outpaces scarce goods.
Inflation, like natural selection, arises from the market-wide struggle for scarce resources, not mere corporate greed. Pricing power is a symptom, not the root cause.
As Frida, I know pain has many faces; inflation isn’t just shortages. Easy money and unanchored expectations push demand and prices up.
Corporate pricing is a symptom, not the root cause. When money is cheap and demand grows, prices rise; blaming firms hides policy and demand dynamics.