ViewpointsOpinionThe Myth of Cost-Push InflationSavePrintA customer pumps gas into her vehicle in Miami, Fla., on Nov. 22, 2021. Joe Raedle/Getty ImagesDaniel Lacalle12/13/2021|Updated: 12/21/2021CommentarySen. 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.”Share this articleLeave a commentDaniel LacalleAuthorDaniel 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.”websiteAuthor’s Selected ArticlesHow Analysts Misjudged US Economy: Growth, Inflation, and Fiscal Surprises in 2025Jul 14, 2025Iran’s Allies Abandon the Regime as Geopolitical Tension EscalatesJun 25, 2025Is the European Union Deliberately Delaying Trade Negotiations?May 27, 2025Inflation Is Not Soaring, and Economic Growth Is SolidMay 20, 2025Related Topicsinflationtaxationhidden tax