
UNLOCKED 713 - NO MORE BULLSHIT! (Economy Edition) feat. Richard Wolff (3/9/23)
Chapo Trap House
00:00
Why Do We Have an Inflation?
Inflation is a wonderful place to start. All prices don't go up the same, but if in general the majority of things go up, that's an inflation. The opposite by the way, when prices go down, is called a deflation. If you've ever been an employee, you will have noticed something. No one ever invites you into a room and ask you to participate in setting the prices of whatever it is you help to produce. Not going to happen. It's not your business. It'm not your job. So let's get right to the core. How many employers are there in the United States? Well, estimates vary. But if I say 3% of our
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