Jan 21, 2022 • 13M
Inflation | Podcast
The only reason to keep inflation low is so that the rich can continue to get richer. The poor can be easily turned into the metaphorical 'frog in the hot water'.
My podcast, just like my blog is about demystifying and simplifying complex things but pulling many threads together. If you are curious and love to learn about the world around you, you will love this podcast!
This is the Learning by Proxy podcast for Edition 95. If you do not enjoy reading long-form, get the gist of it in about 10 minutes (or that was the hope).
This time in the podcast -
Inflation is the measure of price rise. The increase in price implies that workers would need more money to maintain their standards of living. Not increase, just maintain. The low inflation rate is a farcical creation of corporate America to ensure that workers need not be compensated any more than they absolutely have to.
You can find the whole blog at this link.