Is This Never Happened?

Noobady: The main thing is that the of wealth in the hands of a small number of individuals will inevitably lead to inflation. He says when you have strong unions, and there's something else in the supply chain that increases costs, say, Yeare in the 19 seventies, and the price of oil was quadrupled in one year,. Noobady: This never happened. But basically, what happens here is, if youave strong unions, you get a bunch of inflation, but people don't get fired.