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XacerbatedDem

(511 posts)

40. NPR has an interesting conversation on inflation.

Thu Apr 28, 2022, 11:29 AM

Apr 2022

"This is what was happening 40 years ago, the last time inflation was this high."

https://www.npr.org/2022/02/13/1080464204/this-is-what-was-happening-40-years-ago-the-last-time-inflation-was-this-high

They seem to come to the conclusion that this time, inflation isn't so bad. I just remember that last time this happened, prices went up, but they never came back down.

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Revealed: Top US Corporations Raising Prices on Americans Even as Profits Surge [View all] eissa Apr 2022 OP

It has been repeated ad nauseum to little effect. It is what it is ... uninformed but misinformed KPN Apr 2022 #1

"What's good for grifters is good for grifters." - Republicans Achilleaze Apr 2022 #2

There is some legitimate inflation Pantagruel Apr 2022 #3

Even with oil at $100/barrel, that does not require an increase in the world wide wally Apr 2022 #14

Where do you live that shipping and refining don't require any energy? mahatmakanejeeves Apr 2022 #21

I didn't say "any energy" I said "more" world wide wally Apr 2022 #23

Where does moving ten times as much product not require an increase in expense? mahatmakanejeeves Apr 2022 #26

You think refinery workers and petroleum truck drivers work for 2016 wages? mathematic Apr 2022 #33

Take a deep breath. world wide wally Apr 2022 #34

yes but inflation is 7% Skittles Apr 2022 #31

That is impossible Zeitghost Apr 2022 #38

As long as idiots blame Biden IronLionZion Apr 2022 #4

Yep! calimary Apr 2022 #11

What's that they say.... let no crisis be wasted. groundloop Apr 2022 #15

Indeed ck4829 May 2022 #45

This message was self-deleted by its author turbinetree Apr 2022 #5

Now how much taxes did they pay compared to the average person.... turbinetree Apr 2022 #6

The fact that every mention of inflation doesn't include this info is media dereliction of duty. Nt Fiendish Thingy Apr 2022 #7

In a related story. More people living in poverty. twodogsbarking Apr 2022 #8

Grabbing all those $15 an hour raises. dchill Apr 2022 #9

Sucking the life blood from everyday Americans one dollar at a time... Historic NY Apr 2022 #10

"Price gouging" could be responsible for some, but yes there is inflation. Call it a hoax Hoyt Apr 2022 #12

Corporate greed and inflation are not mutually exclusive. brooklynite Apr 2022 #13

Majority of Americans get it that price gouging is occurring. rockfordfile Apr 2022 #16

do the majority of voters Skittles Apr 2022 #41

Just from a business perspective, without moral/ethical concerns ToxMarz Apr 2022 #17

Someone here suggested the term "Greedflation" nuxvomica Apr 2022 #18

I like that ck4829 May 2022 #46

Capitalism has nothing to do with supply and demand. multigraincracker Apr 2022 #19

"Capitalism has nothing to do with supply and demand." mahatmakanejeeves Apr 2022 #28

I don't see the supply in that formula. multigraincracker Apr 2022 #29

The oil market is not something I ordinarily follow on a day-to-day basis. mahatmakanejeeves Apr 2022 #30

The IEA report aside, there's this: mahatmakanejeeves Apr 2022 #32

Users, like airlines and railroads use to multigraincracker Apr 2022 #35

A vast right-wing conspiracy, I tell you.* KY_EnviroGuy Apr 2022 #20

Laws written over the last 4 decades have steadily moderated the risks inherent in businesses. jaxexpat Apr 2022 #22

This for crappy Mexican (Not really Mexican) food. ... aggiesal Apr 2022 #24

That was the pattern of stagflation back during the Nixon administration Model35mech Apr 2022 #25

profit is not inflation, when demand is high, prices will rise regardless of profit AlexSFCA Apr 2022 #27

Simple questions that were asked a lot from 1939-1945, during World War II. roamer65 Apr 2022 #36

Is there a politician out there that is going to run on instituting gasoline rationing? MichMan Apr 2022 #42

Of course not. roamer65 Apr 2022 #43

Yep, they're all yanking our supply chain. LudwigPastorius Apr 2022 #37

FTR, Hershey's is unique in that the entire company Deminpenn Apr 2022 #39

NPR has an interesting conversation on inflation. XacerbatedDem Apr 2022 #40

K&R ck4829 May 2022 #44