Corporate Profiteering Is Driving Inflation

There are other ways to understand inflationary pressures and the economy. “When folks talk about inflation, they’re very quick to the draw, to go straight to the Fed as a solution and to demand as the diagnosis of the problem,” said Rakeen Mabud, chief economist and managing director of policy and research ofIn this case, however, excess demand isn’t the cause. Instead, Mabud’s blame falls on supply-chain disruptions, corporate profiteering, and the war in Ukraine.

. Those who are most hurt by inflation, along with rising interest rates, will be the workers still struggling to recover from COVID shutdowns and job losses. Caregiving is a key area of potential government investment that could help women. Their needs are often put last, afterWomen leave the workforce to care for a child or another family member in far greater numbers than men and are more likely to feel a negative impact on career advancement. COVID-19 exacerbated these trends. This so-called “caring crisis” often, who cannot afford childcare outside of the home. This can have a clear effect on lifetime earnings.

Believe me, grocery stores are not making any more money off their customers than they have in the past. I see a lot of the numbers. In fact, they're not even getting the amount that they used to.

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