It Could Happen Here cover image

Inflation and the Class War

It Could Happen Here

00:00

How to Solve Inflation

Former treasury secretary larry somers says we have to cut wages and raise the unemployment rate. He's talking about millions, potentially tens of millions, of people losing their jobs in n order toorder to solve inflation. Once you get inflation, once the prices rise, they're sticky. They don't fuk and fall. His theory isn't about what is causing einfliction. His theory is about who's going to pay for it. And his solution is, fuck you. You are going to payFor both the price increases, which the prices won'tFuck and come back down. Or we find a new like explanation of why fucking inflation happens,. We take the stuff theyve

Play episode from 54:16
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app