Of all the theories trying to explain the causes behind inflation, the “greedflation” narrative is surely the worst. In short, the theory posits that inflation was primarily driven by corporate greed. It was an idea that had heavy support from far-left lawmakers, such as Sens. Bernie Sanders (I-VT) and Elizabeth Warren (D-MA), along with a few liberal economists. However, on the whole, it was rejected. Seventy-nine percent of economists disagreed that corporations taking advantage of their market power to raise prices arbitrarily and increase their profits played a significant role in rising inflation.