A "profit-price spiral" is simply not a thing. Even the people who use this term never define what exactly is "spiralling." It seems like certain economists ar

A "profit-price spiral" is simply not a thing. Even the people who use this term never define what exactly is "spiralling." It seems like certain economists are intent on obfuscating the role of expansionary monetary policy on inflation by pointing their fingers at "corporate greed", when they are in fact not exclusive. Corporations are always greedy, so when the economy has more money, they're going to do what it takes to siphon as much as they can. Sometimes, this means that selling more goods and services, which doesn't increase inflation and is the desired outcome of monetary expansion. However, due to supply problems and closures due to the pandemic, this wasn't possible, so corporations increased prices instead.