> If corporate greed could cause inflation, it would have caused inflation 5 years ago, or 10, or whatever. The same could be said of government or central ban

> If corporate greed could cause inflation, it would have caused inflation 5 years ago, or 10, or whatever. The same could be said of government or central bank spending, but the past 15 years in the U.S. and the past 30 years in Japan show that the relationship isn't quite so simple. Yet few people deny that government spending can induce consumer price inflation, so why conclude from effectively the exact same longitudinal data set that corporate pricing power cannot induce consumer price inflation? In both cases the devil is clearly in the details. If macroeconomics were a solved problem we wouldn't even be having this conversation.