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Pantsuit Politics

5 Things You Need to Know About Inflation

Pantsuit Politics

Lemonada Media

News, News Commentary, Politics, Society & Culture

4.54.9K Ratings

🗓️ 1 February 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Inflation has been poking its way into our lives lately - on the political scene and as we swipe our credit cards in the check-out line. We’re breaking down the basics you need to know about inflation and how it works. Inflation is about a loss of money's purchasing power. Inflation is hard to measure. Our cost of living is rising; experts disagree about whether this is a long-term inflation problem. Central banks are entering the chat; we will probably see higher interest rates. Monetary policy is not science or magic. Sign up for our weekly newsletter to ensure you don’t miss anything going on in the Pantsuit Politics world. Please visit our website for full show notes and episode resources. Hosted on Acast. See acast.com/privacy for more information. See omnystudio.com/listener for privacy information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So much of the rise in price is that the cost of things was built on a very precise model

0:08.1

of like flex, staffing, low inventory, nothing going wrong in our global economy.

0:15.0

That kept the prices cheap.

0:16.3

And what we're paying for right now is the adaptability when things do go wrong, which

0:21.1

maybe should have been built in from the beginning, right?

0:30.7

This is Sarah Stewart Holland and this is Beth Silverce.

0:33.8

Thank you for joining us for Pantsuit Politics.

0:50.0

Hello and welcome to Pantsuit Politics.

0:51.6

We're so glad you're joining us today.

0:53.6

One of the things that we prioritize strongly here is learning new things and that's the

0:57.6

spirit we try to bring to our five things you need to know episodes.

1:01.2

Today we're going to be sharing some things that you should know about inflation, especially

1:04.8

because it's a hot topic of conversation around the world and a practical reality for

1:09.4

our wallets.

1:10.4

So hopefully you'll find today's episode to be illuminating about this topic that everyone

1:15.1

keeps discussing.

1:16.1

Now listen.

1:18.2

We know that lots of you would like to hear us talk about what's happening over at Spotify

1:21.7

with Joe Rogan.

1:23.1

Sarah has started talking about that on Good Morning, our premium offering and we are going

1:28.3

to talk about it together on Friday.

1:29.5

We're going to think about it a little bit though.

...

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