When companies tell you how they compete, believe them
Actions may speak louder than words but companies are telling us frankly how they use high demand, market consolidation, and inflation fears as cover for raising prices.
In concrete terms, monopoly pricing on goods and services turns the disposable income of the many into capital gains, dividends, and executive compensation for the few. Lina Khan and Sandeep Vaheesan[1]
On January 11, 2022 Senator Elizabeth Warren asked Fed Chair Jerome Powell on the occasion of his renomination hearing to be Chair of the Board of Govern…