Making Sense of Inflation

Inflation is an obvious problem in America right now. The cause, however, is little less obvious. We have a supply chain problem due to the pandemic, but we also have companies recording record profits, and one whole political party who would rather weaponize inflation than solve it. I’m no financial expert but when this many people are talking about the same thing, it’s important for us to at least understand the broad strokes so we’re dialed in and asking the right questions. If you’ve ever been confused by economics you aren’t alone, join me as we break it down. 

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Big thanks to Julia Lee Stander for her help with research this week.

Sources:

https://www.thebalance.com/what-is-inflation-357610

https://kids.kiddle.co/Inflation

https://www.businessinsider.com/corporations-using-inflation-as-excuse-to-reap-fatter-profits-reich-2021-11

https://www.nbcnews.com/business/economy/biden-nominates-jerome-powell-second-term-federal-reserve-rcna4696

https://www.forbes.com/advisor/investing/why-is-inflation-rising-right-now/

https://www.nytimes.com/article/inflation-definition.html

https://www.bloomberg.com/news/articles/2021-11-30/fattest-profits-since-1950-debunk-inflation-story-spun-by-ceos?utm_campaign=socialflow-organic&utm_content=business&cmpid=socialflow-twitter-business&utm_source=twitter&utm_medium=social

https://www.pbs.org/newshour/economy/ap-explainer-why-us-inflation-is-so-high-and-when-it-may-ease

https://www.theguardian.com/commentisfree/2021/nov/11/us-inflation-market-power-america-antitrust-robert-reich

https://www.reuters.com/business/meat-packers-profit-margins-jumped-300-during-pandemic-white-house-economics-2021-12-10/

https://apnews.com/article/latest-inflation-numbers-consumer-prices-616055db3bf67691b4fdc0015fc00783?utm_campaign=SocialFlow&utm_medium=AP&utm_source=Twitter

https://podcasts.apple.com/us/podcast/today-explained/id1346207297?i=1000542026490

https://podcasts.apple.com/us/podcast/kcrws-left-right-center/id73329771?i=1000541579199

https://robertreich.substack.com/p/unvarnished-truth-inflation

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