Truthout
Inflation
Inflation Crisis Is Being Resolved on Backs of Workers. It Doesn’t Have to Be.
Workers must unite to demand wage and benefit increases, and price freezes on vital goods and necessities.
Inflation Policies Must Deal With Impact of Rising Food Prices on the Poor
To confront inflation, we need a universal basic income funded through a progressive tax structure.
Fed Chair Jerome Powell Says Corporations “Are Raising Prices Because They Can”
The statement came after Sen. Elizabeth Warren prodded the Federal Reserve leader on the issue.
Businesses Have Manufactured Inflation Fear to Protect Profits Amid Rising Wages
Workers don’t set prices, bosses do. And they do so on the basis of maintaining the greatest possible profit margins.
Sanders Takes Aim at Manchin’s Argument Against Build Back Better: “Not True”
Sen. Bernie Sanders noted Sen. Joe Manchin's uncritical support for a “bloated military budget” and “corporate welfare.”
Warren Slams Grocers for Raising Prices While Raking In Profits
“Behind the scenes, grocery chains have reassured investors that only consumers would be hurt,” Warren wrote.
Warren Slams Hertz for Raising Prices 147 Percent While Pursuing $2B in Buybacks
The company paid out about $19 million in bonuses to executives surrounding its bankruptcy.
Oil and Gas Industry Profits Climbed as Americans Faced High Gas Prices in 2021
Consumer advocates say that high gas prices are due to “the deliberate policies of energy producers” to pad profits.
Inflation Is Bad for Those Who Profit From Your Mortgage Debt and Student Loans
Corporate media has largely failed to tell both sides of the inflation story, says journalist Jon Schwarz.
Using Inflation as an Excuse, Corporations Raised Prices & Increased Profits
The new data contradicts the widespread misconception that stimulus packages and other spending bills were to blame.