The truth behind Harris' inflation and corporate greed claims
·1 min
Vice President Kamala Harris has taken up the fight against greedflation, the notion that excessive corporate profit-taking has worsened the inflation crisis in the United States. While there is some truth to these claims, it ignores the fact that consumers also play a role in determining prices, and corporate greed is not a primary factor behind inflation. Additionally, the war on inflation has largely been won, with the economy now facing concerns about jobs rather than prices. Taking action to cap prices may not be effective and could create more problems.