KPFA - Against the Grain cover image

Who Pays for Inflation?

KPFA - Against the Grain

00:00

Why Do Altes Fear Inflation?

For companies like g m i kne, they're just taking advantage of something that's mol temporary. They don't want to see their workers suddenly rise up and say, wait a second. Inflations running at eight %, and our wages are running at three%. And then you're getting into war with the workers. So they want stability. A o knowoure your planning for the future, and you want to have some sense ofa stable prices instead of uncertainty about where they will go.

Transcript
Play full episode

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