“Congress has stalled out on doing work that it could do to help families lower costs," Sen. Warren tells TIME. "The President has the tools to fight back.”
There’s actually quite a bit of evidence that post-pandemic price fixing across multiple sectors is to blame for the “inflation” we’re seeing - one example is the energy sector and what the FTC recently reported on:
https://www.thebignewsletter.com/p/an-oil-price-fixing-conspiracy-caused
So, why didn’t all these companies collude to fix prices before? Were they virtuous before? Did their turn to the dark side just happen to coincide with a large unfunded fiscal expansion?
There’s actually quite a bit of evidence that post-pandemic price fixing across multiple sectors is to blame for the “inflation” we’re seeing - one example is the energy sector and what the FTC recently reported on: https://www.thebignewsletter.com/p/an-oil-price-fixing-conspiracy-caused
So, why didn’t all these companies collude to fix prices before? Were they virtuous before? Did their turn to the dark side just happen to coincide with a large unfunded fiscal expansion?