Independent Thought

The Rise of Inflation πŸ“ˆπŸ’°


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Inflation hasn't been this high in over 40 years & it's crushing millions of people with higher costs of living. The Republican Party blames the rise of inflation on President Biden's stimulus package, but is that true? In this episode we take a look at the rise of inflation & how it may be tied to corporate greed.

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Sources:

https://mattstoller.substack.com/p/corporate-profits-drive-60-of-inflation?s=r

https://www.bloomberg.com/news/articles/2021-11-30/fattest-profits-since-1950-debunk-inflation-story-spun-by-ceos

https://www.cnn.com/2022/06/10/economy/may-inflation-gas-prices/index.html

https://www.axios.com/2022/03/31/corporate-profits-new-record-high-2021

https://www.youtube.com/watch?v=UNSGJHPpKsM

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Independent ThoughtBy Desmond Price

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