Treasury Secretary Janet Yellen assured the public last weekend that growing fears of rising inflation are misplaced.

Is this true?

What is inflation?

Why does this matter for the working class?

We need a new system.

We need a new society. We need to demand that which may have sounded

impossible even a few weeks ago, but is not only of evictions, massive and widening inequality, there's no denying it.

Capitalism is in crisis and capitalism is the crisis.

We are joined once again by Professor Richard Wolfe.

He talks to us every Wednesday in our regular weekly segment where we talk about the biggest

stories related to the economy, the state of the working class, and the crimes of big business.

The Socialist Program brings you content three days a week thanks to the support of our

patrons at patreon.com forward slash the socialist program.

We appreciate everyone's support and encourage you if you're not yet to become a patron today,

especially if you enjoy listening to the show, rely on its content.

Richard Wolfe is the co-founder of the organization Democracy at Work.

He's the author of many books, the latest being,

The Sickness is the System,

when capitalism fails to save us from pandemics or itself.

Be sure to check out his work at R-D-Wolf.com,

and R-D-W-O-L-FFf.com is the spelling professor wolf welcome back thank you

Ryan glad to be here thank you for joining in today's show we're going to focus on inflation

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