I read your link and imagine my shocked face when there were no numbers to back up 'greedflation had been debunked'. Please explain these statistics on input cost and corporate profitls.
https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
Since the trough of the COVID-19 recession in the second quarter of 2020, overall prices in the NFC sector have risen at an annualized rate of 6.1%—a pronounced acceleration over the 1.8% price growth that characterized the pre-pandemic business cycle of 2007–2019. Strikingly, over half of this increase (53.9%) can be attributed to fatter profit margins, with labor costs contributing less than 8% of this increase. This is not normal. From 1979 to 2019, profits only contributed about 11% to price growth and labor costs over 60%, as shown in Figure A
https://www.forbes.com/advisor/credit-cards/greedflation-statistics-2024/
How Much Have Corporate Profits Risen in the Last Two Years?
Data from the federal Bureau of Economic Analysis shows corporate profits shot up 9.8% in 2022 and soared 22.6% during 2021[7]. Annual data for 2023 is pending.
Which Industries Were the Most Profitable in 2023?
Companies in the Fortune 500 piled up $2.9 trillion in profits in the fiscal year that ended March 31, 2023, according to one analysis[8]. These were the most profitable U.S. industries:
Technology: $306.0 billion
Energy: $179.2 billion
Healthcare: $154.8 billion
Financial: $138.9 billion
Transportation: $73.6 billion
Retail: $48.9 billion
...a team meeting or something...
Also read that inflation would be transitory and nothing to worry about.
And, that food prices haven't gone up that much.
Etc, etc.
Conclusion
Firms’ pricing power may change over time, resulting in markup fluctuations. In this Letter, we examine whether increases in markups played an important role during the inflation surge between early 2021 and mid-2022 and if declines in markups have contributed to disinflation since then. Using industry-level data, we show that markups did rise substantially in a few important sectors, such as motor vehicles and petroleum products. However, aggregate markups—the more relevant measure for overall inflation—have stayed essentially flat since the start of the recovery. As such, rising markups have not been a main driver of the recent surge and subsequent decline in inflation during the current recovery.
What people are referring to is the ~1.5% "Sticky Inflation" that's keeping the measure from getting near the 2% Fed goal...and the profit margin data of several major firms bears this out.
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…and that’s largely due to excess profit margins.
Whether you realize that is an open question.