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Preface: One main part of inflation is the capability of price setters to set higher prices. Who sets prices? Those with purchasing power and those that can take the risk. Employees and smaller companies don't typically have those powers. Roughly but accurately enough: Big powerful corporations can profiteer, and profiteering is their stated mission.
How is inflation an American political tool? Blame the Biden administration for inflation. Why? Because the Republican "Troll" Party is much about anti-regulation and anti-government, so many big corporations would surely prefer them over Democrats.
Recap:
1. Bigger businesses raise prices during multiple crises to profiteer, and for political reasons.
2. The increased inflation that #1 causes hurts The People and the Democratic administration.
3. Republicans gain political power.
Note: It's probably both the corporate Democrats and Republicans that support vulture capitalism, and vulture capitalism is a nasty global affair.
How is inflation an American political tool? Blame the Biden administration for inflation. Why? Because the Republican "Troll" Party is much about anti-regulation and anti-government, so many big corporations would surely prefer them over Democrats.
Recap:
1. Bigger businesses raise prices during multiple crises to profiteer, and for political reasons.
2. The increased inflation that #1 causes hurts The People and the Democratic administration.
3. Republicans gain political power.
Note: It's probably both the corporate Democrats and Republicans that support vulture capitalism, and vulture capitalism is a nasty global affair.