globalnews.ca
67%
764
Greedflation: Is corporate price gouging fuelling inflation? Experts weigh in
oil and gas company profits and to funnel the proceeds to financially struggling households. Inflation sparks worldwide protests as food, fuel prices soar Yet for all the public’s resentment, most economists say corporate price gouging is, at most, one of many causes of runaway inflation — and not the primary one.“There are much more plausible candidates for what’s going on,” said Jose Azar an economist at Spain’s University of Navarra.They include: Robust spending by consumers. Supply disruptions at factories, ports and freight yards.