Corporate greed, not wages, is behind inflation. It's time for price controls | Robert Reich

Corporations are using rising costs as an excuse to increase their prices even higher, resulting in record profits. We need limited price controls to break this cycle On Wednesday, policymakers at the Federal Reserve - America's central bank - continued their battle against inflation with a third straight supersize interest-rate increase. And they warned that they're not done. They'll continue to raise borrowing costs until inflation is tamed. They assume that the underlying economic problem is ...