David Macdonald is an economist with the Canadian Centre for Policy Alternatives. David joins the show to talk about all things inflation.

We start with the basics and then get into the role of corporate profit as a driver of this particular inflation, why increasing interest rates is misguided, and alternative policies that would have a more direct impact on inflation.
Rambler's Almanac #84: David Macdonald (Canadian Centre for Policy Alternatives) joins to talk about all things inflation. Before that, we enjoy some chill tracks to take off the edge of this heatwave and get pumped for Calgary Folk Fest.

Playlist:

• hello moth - echoes of a summer afternoon
• Sylvie Simmons - Waiting for the shadows to fall
• BADBADNOTGOOD, Jonah Yano - Goodby Blue
• Zoon, featuring Leanne Betasamosake Simpson - Astum
• Western Bloc - Always on the Outside
• Samantha Savage Smith - Different
• Helado Negro - We Don't Have Time For That
• Lala Lala, Baths - € € € €^^%%!!!!!heaven!!!!!!
• Black Pumas - Colors
• Jay Som, Living Hour - Feelings Meeting
• Los Campesinos! - You! Me! Dancing!
• Paris Paloma - the fruits
• Allison Russell, featuring Sa-Roc, Dim Star - All of the Women
• Haley Heynderickx - Oom Sha La La
• Astral Swans - Bird Songs
• Spoon - Feels Alright
• La Dame Blanche - Veneno
• Etran De L'Aïr - Toubouk Ine Chihoussay
• TEKE::TEKE - Chicchana Toki Kara
• No-No Boy, featuring Robert Vifian - Imperial Twist
• Andrew Bird - Atomized
• Animal Collective - Walker
• Shout Out Out Out Out - Forever Indebted
• Astrolith, Cadence Weapon, Rham - Savings
• Sheenah Ko - Wake Up
• Guerilla Toss - Cannibal Capital