Transcribed
Greedflation? (ep 225)
Apr 10, 2024 ·
20m 23s
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Greedflation? (ep 225)
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Description
Is greedflation real? In a socialist country the answer would be yes. The greed is allowed only for the powerful elites. And the peasants suffer from the resulting poor coordination...
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Is greedflation real? In a socialist country the answer would be yes. The greed is allowed only for the powerful elites. And the peasants suffer from the resulting poor coordination between supply and demand.
We listened with frustration to an episode of Stuff You Should Know, in which they blame sellers for inflation in this country and call it Greedflation. The problem was that they were very close to seeing the truth, which is that government printed money causing the inflation to begin with, and then colluded with businesses to control natural competition. The resulting inflation is because of government greed not grocery store greed!
Listen to the full episode:
Greedflation Is Real | STUFF YOU SHOULD KNOW
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All audio & videos edited by: Jay Prescott Videography
show less
We listened with frustration to an episode of Stuff You Should Know, in which they blame sellers for inflation in this country and call it Greedflation. The problem was that they were very close to seeing the truth, which is that government printed money causing the inflation to begin with, and then colluded with businesses to control natural competition. The resulting inflation is because of government greed not grocery store greed!
Listen to the full episode:
Greedflation Is Real | STUFF YOU SHOULD KNOW
Follow Us:
YouTube
Tumblr
All audio & videos edited by: Jay Prescott Videography
Information
| Author | Libertarians talk Psychology |
| Organization | Libertarians talk Psychology |
| Website | - |
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