> A significant chunk of current inflation is flat-out corporate greed. This argument cannot stand until it can answer the question: why are corporations all o

> A significant chunk of current inflation is flat-out corporate greed. This argument cannot stand until it can answer the question: why are corporations all of a sudden greedy now, and not before? If they could raise prices 20% at any time, they would. They don't, because the market won't bear it. It's nonsensical to suggest otherwise. Pemex, the Mexican state-owned oil company, made $6B in the first quarter of 2022, but lost money every single year for more than a decade before that. Why didn't they jack up prices sooner to make a profit? Delta Airlines lost a lot of money after Covid, and has yet to neither reach pre-pandemic profitability levels nor recoup the money lost during the pandemic. Are you saying if they were only greedier, they wouldn't be in this situation? Even the great devil Exxon Mobil itself had ever-shrinking margins leading into 2020 before losing money for four quarters in a row before coming back into the black. Again, is your explanation that they just forgot how to be greedy for a while?