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Deeper structural reason for price increases
If the market were actually competitive, corporations would keep prices as low as possible
The underlying problem isn't inflation per se; it's lack of competition
Procter & Gamble raised prices on diapers and toilet paper
PepsiCo raised prices
The underlying problem is not inflation, it's corporate power
Corporations could easily absorb higher costs without passing them onto consumers
How can this structural problem be fixed?
Conclusion