"Greedflation" is a term that combines "greed" and "inflation." It refers to the idea that businesses, driven by greed, are excessively raising prices to boost their profits beyond what is justified by actual increases in their costs. In this context, greedflation suggests that the cause of inflation is not solely due to economic factors like supply chain disruptions, increased production costs, or higher wages, but also because companies are taking advantage of the situation to increase prices more than necessary, thereby inflating their profit margins.