Progressive Congresswoman Alexandria Ocasio-Cortez (D-NY) told Yahoo Finance in an exclusive interview that corporate “price gouging” has fueled inflation, placing the blame largely on dominant companies that hike prices and rake in profits without fear of competition.
She strongly rejected claims that government stimulus in response to COVID-19 has caused the price spike, warning that such a diagnosis of the problem could lead to spending cuts with dire consequences for millions of people…
Source link
