Kamala Harris thinks that inflation comes from corporations raising their prices. Is she right?

In this insightful video, Holly Jean, LOLA’s Director of Operations, address Kamala Harris’s claim that rising prices are caused by corporate greed. The truth? Inflation stems from an increase in the money supply, which fuels demand faster than suppliers can keep up. This drives up costs for suppliers and, in turn, consumers.

Holly Jean explains why price controls are not the solution—they only treat the symptoms while creating severe economic consequences like shortages, rationing, and black markets, as seen in Venezuela and the Soviet Union. Instead, reducing government spending and encouraging free-market competition can lower prices naturally and sustainably.