Jun 18, 2023
After a first "government spending" and "money supply increase" inflation wave, the second wave followed promptly once the Ukraine war started and by now the third wave we're experiencing is indeed corporate greed as all firms take advantage to not only saveguard their margins [they'll have to do that] but push it a bit further by increasing prices. This only works for corporations with pricing power and strong brands, some others will be crushed in this process, so we're going to see some consolidation as well. Cheers!