The cause is what I call the four P`s, and one is Putin`s war. I mean, that`s driving up oil prices, it`s driving up the price of food and wheat. Second are pandemic supply chain issues. Third is price gouging. Big corporations taking advantage of the moment to try to gouge consumers. Fourth is politics.
Van Hollen outlines the main causes of inflation, highlighting the impact of geopolitical and corporate factors.
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