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
Naive question: What tools does the Federal Reserve have to hold corporations padding profit margins accountable?
@dosemakestoxin @rbreich I am not sure that the Fed has any other tools do they? I’ve always understood that moderating thr interest rate was their only function…?