
Inflation - How Markets Fail
Economic Update with Richard D. Wolff
00:00
What Does It Mean When Prices Are Rising?
I want to talk about inflation, the one roaring across the american economy as we speak. It's really extraordinary what you are subjecting the working class of this economic system to these days. This is all too simple, and yet all too quickly overlooked in most of the mass media. We're doing it because everything we buy has gone up in price. In other words, the employers are telling us they have to do it. Why? Because other employers are doing it.
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