Not even Biden’s advisers believe corporate greed is causing inflation

Published February 18, 2022 12:00am ET



Massachusetts Sen. Elizabeth Warren may believe corporate greed is to blame for high inflation, but even President Joe Biden’s own White House economic advisers aren’t ready to substantiate that claim.

Apparently, members of the White House Council of Economic Advisers have been removing passages from congressional testimony where senior administration officials had planned to blame corporate consolidation for rising prices.

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