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Opinion

The Myth of Cost-Push Inflation

The Myth of Cost-Push Inflation
A customer pumps gas into her vehicle in Miami, Fla., on Nov. 22, 2021. Joe Raedle/Getty Images
Daniel Lacalle
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Commentary
Sen. Elizabeth Warren (D-Mass.) recently stated that rising prices were due to corporations increasing their profits: “This isn’t about inflation. This is about price gouging for these guys.”
Daniel Lacalle
Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat”​ (2015), and “Life in the Financial Markets.”
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