(OSV News) -- 'Greedflation' is a hot economic topic, raising serious questions about whether or not inflation has indeed been worsened by corporate profiteering, and if American families will ultimately pay the price.
On May 25, The Wall Street Journal reported that first quarter earnings suggested companies are using inflation as an excuse for big price increases, padding profit margins even as the amount of goods they sell has slowed.
Anthony Annett, a visiting scholar at New York's Columbi