How many candidates vying for election this season avoid placing the blame for inflation....
where it squarely belongs because to do so would have them bad-mouthing their own donors?
Inflation is when producers, manufacturers or vendors, in concert or individually, raise the prices for their product to insulate or increase their corporate profits. Democratic candidates are taking a lot of dishonest heat from Republicans about their "responsibility" for inflation. That unsupported argument, disingenuous though it may be, is being accepted by unaligned voters because it exists without effective rebuttal. The plain truth, that corporations are raising their profits at the expense of the working people, is rarely ever heard outside Bernie's perpetual monolog.
It is the winning approach to campaigning, the plain truth. Why is there silence about this? Republicans are deer-in-the-headlights when it comes to their allegiance to corporate support over their constituent's interests. Statistically, Democrats receive less percentage of their support from corporate donors than do Republicans. Nail them to the wall for their complacency and collusion with pirate corporate profiteers as they ruin the household budgets of the working class. Name the corporate culprits for the swine they are. Propose appropriate taxes to prevent their malfeasance.
Another plain truth, some Republicans are "out" about dismantling Social Security and Medicare. They should be nailed to that cross with every Democratic candidate's breath. None of the above is rocket science.
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Restaurants fail all the time. It's the toughest business to keep afloat there is. Can't say that I know of any business owner who hasn't a greedy streak somewhere in their personality, but I don't think individual greed is at play here so much as "the criticality of maintaining the master's expectations".
The investment manager knows he must show clients a return for their trust in him/her. They will fail as investment firms when they don't. This reality has thinned the herd of those undercapitalized firms leaving only the heavy-on-luck houses. Gets to the point where there's only a few who handle the big accounts and they hold the weight of the world in their miserly little fingers. Not only a concentration of wealth but a concentration of the control of how wealth is used. At their altitude they create their own luck and don't have any qualms about ruthlessness. Numbers have no consciousness or conscience, nor does currency for that matter.
If an international crisis, such as a pandemic or a war, interrupts what passes for normal activity the international capital controllers shift about seeking stability. Prices naturally rise while this equilibrium is sought. Fluctuations in value, not always representative of their actual scarcity in the best of times, are sometimes wildly off the mark of their true worth so the marhet prices of essential commodities, (oil, iron, soybeans, tungsten, pork bellies, etc.) are kept artificially high to maintain some cushion against potential market subsidence. When the epidemic calamity receded, pricing paralleled the market in renormalization until the ramifications of Russia's war caught the markets in mid-correction. Some producers and refiners even doubled down on their cushion, re-raising their pricing expectations, all while the capital controllers encourage them to do whatever it takes to keep it running. They've got investors to satisfy. That's why gas is going back up and we can't have nice things.
Okay, but how's that going to fit on a bumper sticker? "Putin sucks, milk's up a dollar, Vote Democratic, we saved the world from a pandemic, Republicans love rich people not you" while the Republicans say "Democrats don't understand money they just want to spend yours on paying the "fill in ethnic" to have more aborted babies" (yeah, I get that didn't make sense but, hey, it's Republican)
