Haines: What are the longer-term consequences of this two-track economy, do you think? Haines: It just puts in pretty sharp relief the inequality of it. And so it's not necessarily a bright picture for the economy, but like so much else in this post-pandemic economy, it's confusing. Today Explained is produced by Miles Bryan and edited by Matthew Collette.
The traditional explanation of inflation is simple: too much money chasing too few goods. But some experts are now wondering if companies’ aggressive pursuit of profit is driving up inflation as well.
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Noel King.
Transcript at vox.com/todayexplained
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