system
Given the following post, respond as if you're commenting on Reddit:
human
Inflation a lie?

I have noticed that a concerning growing amount of people believe that the current state of inflation is a fallacy, since companies are 'making record-high profits,' implying that companies are increasing prices out of pure greed. This is further exacerbated by politicians (who I won't name) spreading those beliefs. Why do you think people are so prone to believe all this crap? I just want to know what you guys think.
gpt
Inflation is a sustained increase in the general price level.

That's it. Does the price level go up? Then you have inflation.

Doesn't matter if that happens because producer prices go up thanks to supply shortages or because someone's wish from a genie is for prices to go up, inflation is very much real completely independent of the cause.

Obviously corporate greed is not the whole story, companies always want to earn as much as they can, they don't just *decide* to be more greedy, something *enables* them to charge higher prices. That doesn't mean companies don't earn higher profits and that this is part of the reason for higher inflation.