Reminder: Inflation isn’t being driven by government spending. It’s being largely driven by the fact that a handful for mega corporations have consolidated their market power and can raise prices on consumers.
@RBReich Just like the government did in the 1940s.. break up the big corporations,who control the narkets,into smaller companies, creating competition...we pay so much more for smaller amounts,just so they can make their profits.💔🇺🇸💔
@RBReich Where would we be today if the fed did nothing to the interest rates Seems like they have done more damage than good If prices go up because costs go up it is normal Would it have leveled off with higher wages? This was pandemic driven inflation
@RBReich You’re a really bad academic. You never get anything right. It’s govt spending. That’s simple to see.
@RBReich That's a whopper of a lie you got there, pipsqueak.
@RBReich Eaxactly. When a barrel of oil has dropped to $79/barrel but gas at the pump is still at near peak, corporate corruption is the culprit.
@RBReich i’ve been saying that all along we need price controls there is no reason gas should cost more than ten dollars a barrel as in1960’s!
@RBReich Show your work. What evidence do you have for this?
@RBReich Mr. Friedman, tell them one more time where inflation is made: