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Inflation Unmasked: Beyond Greedflation
This chapter explores the multifaceted causes of inflation, challenging the notion that corporate greed is the primary factor. It examines how the COVID-19 pandemic influenced supply and demand dynamics, particularly in grocery prices, while emphasizing the complexities of consumer behavior and economic policy responses. The discussion highlights the importance of understanding inflation through a broader economic lens rather than simplifying it to greed-driven markups.