A lesson in economics and inflation

The clip starts with Katie Porter using her infamous whiteboard to illustrate that corporate profits are the main factor driving inflation. Anna and her guest discuss further that while there are indeed increased corporate costs they use it as cover to greedily raise prices way beyond necessary to cover those costs. And yet the Fed raises interest rates without even acknowledging any of that, which only serves to further hurt workers while siphoning more profits to the top.

At the end they offer a few solutions to address the real causes reminiscent of Robert Reich: Price controls, fair corporate tax rates, ban stock buybacks. Anna notes though that both Parties are so invested in the status quo who bribe them that these realistic solutions are at best given lip service only, and only to cover for their continued corruption at our expense.