Surging aggregate demand is a cause of inflation. 'Greedflation' is only a cause in so much as governments' refusal to set price ceilings at any moment is a cau

Surging aggregate demand is a cause of inflation. 'Greedflation' is only a cause in so much as governments' refusal to set price ceilings at any moment is a cause of inflation. Sure, we could instantly end inflation by making it illegal to charge prices higher than in 2020, but then we would just get shortages.