[S6 E03] New
In this episode of Capitalism Hits Home, Dr. Fraad is joined by Prof. Wolff, host of Economic Update to discuss inflation and the collateral damage it has caused Americans. In the first part, Prof. Wolff explains what inflation is and the real reasons behind the rising prices. Dr. Fraad then explains what inflation means to the majority of people. She explores the personal, social and psychological effects the high cost of living has caused.
Capitalism Hits Home is a Democracy At Work production. The show addresses the intersection of capitalism, class, and personal lives, and explores what is happening in the economic realm and its impact on our individual and social psychology.
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Showing 1 comment
Thanks so much for this disturbing yet fascinating presentation. I appreciate your clarity about inflation and how it works. I also appreciate your nitty-gritty focus on the daily hardships and suffering of us everyday folks affected by inflation, which gravely affects those who are already most impoverished. You paint a compelling and heartbreaking picture of the devastating effects of inflation on people’s lives, while explaining that it is no mystery that employers raising their prices to increase their profits is the cause of inflation. Excellent program. You two make a great team. I was glued to my seat with interest.
I would also like to mention, Dr. Fraad, that you looked noticeably lovely tonight.