Real Time with Bill Maher Overtime – Episode #645: Ari Melber and Andrew Sullivan
Jan 23, 2024
Explore the intriguing link between greedflation and corporate profits, sparking debates on competition and pricing. Delve into youthful experiences of sexual pleasure versus current religious views, alongside speculations on Trump's potential VP picks. Analyze emerging political alliances and voter dynamics ahead of elections. Lastly, discover how public priorities lean towards domestic issues over foreign policy, and dive into the legal troubles faced by Alec Baldwin, highlighting discrepancies in the treatment of similar cases.
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Greedflation
- High corporate profits are driving inflation, termed "greedflation."
- Companies maintain high prices even after production costs decrease.
Combating Greedflation
- Jawboning, presidential coercion to influence corporate behavior, can be effective.
- Price controls are another option, though their long-term effectiveness is debated.
Lowering Prices
- Competition is the most effective way to lower prices.
- Factors like supply chain issues and government spending also contribute to inflation.