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 agree the FED is a blunt instrument. There are more wholistic alternatives, but Washington is afraid to act because they are afraid of blame. I have a few suggestions here which spread the pain, protect the bottom 20%, and prepare us for a recovery https://genuineideas.com/ArticlesIndex/FEDup.html
FED UP