> The salient question is what conditions changed in the economy so that they can increase prices. Agreed. > If your point is simply that businesses are choos

> The salient question is what conditions changed in the economy so that they can increase prices. Agreed. > If your point is simply that businesses are choosing to maximize profit, that of course is correct. My point is pedantic and political. I don't like humans being removed from the equation. Framing inflation as a natural consequence of increasing the money supply is one way to do that. The widespread thinking that "businesses exist to maximize profits" is another. (Yes, I'm aware of obligations to shareholders in corporations, but that's beside my point.) Removing humans from the equation makes abuses just palatable enough to go down.