The Inflationary Psychology of the United States

Companies doing really well. Beating expectations in terms of how much money they made, how much profit they're made. But then it's a question of pushing prices up. Then you turn those expectations into negotiating a successful wage rise. And this is the thing we've broken over 40 years ago. We have destroyed the union movement. There is no bargaining capacity on the union side. You're now seeing unions being formed again for the first time in places like Amazon and Walnut and so on. So there's a reunionization starting to happen. But we're also... It's the fault of the unions. The unions are driving up prices. Blah, blah, blah. Okay.