Why is the Fed putting the onus of fighting inflation on workers and consumers rather than on the corporations largely responsible for driving up prices — and padding profit margins?

This is wrong. It's bad economics. It’s insane politics. And it’s profoundly unfair.

@rbreich I don’t believe the fed can do much about corporate profits. Do they even have a tool that can do that? They don’t levy or collect taxes, they can’t confiscate profits etc