Make Me Smart

The reason inflation is so hard to solve this time

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This week on Whaddya Wanna Know Wednesday, we answer your questions about why everything is so expensive and who’s going to fix it. So first, does the Federal Reserve need help solving inflation? Can someone please explain why the Jones Act is still around? Plus, what the heck is crypto mining and when are we getting good public transportation? Finally, Kai Ryssdal and Kimberly Adams share their competing theories on headphone wearing.

Here’s everything we talked about today:

  • “The Fed has ways to put the brakes on rising prices” from Marketplace
  • “The budget focuses on fighting inflation, but that’s mainly a Fed project” from The New York Times
  • “How should Democrats respond to rising inflation and high gas prices?” from The New Yorker
  • “Inflation fuels drive to suspend state gasoline taxes” from Marketplace
  • “Cryptocurrency stories on Marketplace“
  • “How bitcoin mining works” from Marketplace
  • “Central Texas: famous for barbecue, boots and … bitcoin?” from Marketplace
  • “Bitcoin Uses More Electricity Than Many Countries. How Is That Possible?” from The New York Times
  • “The Jones Act” from Investopedia
  • “Trump just lifted the Jones Act for Puerto Rico. Here’s what that does.” from The Washington Post
  • “The Jones Act Strikes Again” from The Wall Street Journal
  • “How Much Oil Does the U.S. Import From Russia and Why Did Biden Ban It?” from The Wall Street Journal
  • “Everything In The $1.2 Trillion Infrastructure Bill: New Roads, Electric School Buses And More” from Forbes
  • “The pandemic sank mass transit use. Data show its slow recovery.” from NBC News
  • “How public transit systems can lure riders back” from Marketplace
  • “It could take nearly a decade for public transit to return to pre-pandemic levels” from Fortune

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