BY IAN HANCHETT
On Wednesday’s broadcast of MSNBC’s “All In,” Sen. Elizabeth Warren (D-MA) reacted to the 39-year high increase in the consumer price inflation index by arguing that part of the problem is “giant corporations who say, wow, a lot of talk about high prices and inflation, this is a chance to get in there and not only pass along costs, but to inflate prices beyond that and just engage in a little straightforward price gouging.”
Warren said, “Now are high prices a problem? You bet they are. But there are a lot of different pieces that are going into this. Some of this is companies that are passing along high prices that come from the manufacturing sector that come in their ability to sell goods. But some of this is coming from kinks in the supply chain. And there’s evidence that these are starting to untwist….
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