Robert Reich has the post Psst: You want to know the truth about inflation? (It’s not what the Fed thinks it is.)

In sum, inflation isn’t driving these price increases. Corporate power is driving them.

This is what I have been saying for years, but I don’t have the credentials that Robert Reich has.

Read the article MONOPOLY POWER AND MARKET POWER IN ANTITRUST LAW.

Examination of key antitrust law opinions, however, shows that courts define ‘market power’ and ‘monopoly power’ in ways that are both vague and inconsistent. We conclude that the present level of confusion is unnecessary and results from two different but related errors: (1) the belief or suspicion that market power and monopoly power are two different concepts, when they are in fact, for antitrust purposes, qualitatively identical, and (2) the failure to recognize that anticompetitive economic power may manifest itself in two distinct ways.