CNN —
Vice President Kamala Harris has picked up the baton from President Joe Biden on the fight against so-called greedflation – the notion that the United States’ inflation crisis was exacerbated by excessive corporate profit-taking that marked up goods or shrunk their sizes and padded businesses’ bottom lines.
Is there any truth to those claims? Sure, some.
“We all know that prices went up during the pandemic when the supply chains shut down and failed, but our supply chains have now improved and prices are still too high,” Harris said during a speech about
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