4.7 • 618 Ratings
🗓️ 12 February 2022
⏱️ 74 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | You're listening to a podcast from Blogging Heads TV. |
0:08.6 | Hi, Mickey. |
0:09.9 | What's with the bounty paper towels you're holding up? |
0:13.1 | Well, this is... |
0:15.0 | This is... |
0:16.6 | How much do you think this cost me, Bob? |
0:18.6 | It's a roll of paper towels. |
0:20.2 | I don't know, $35. $5, Bob. Well, good. In inflation, it must be in check because I would have guessed $35. For a fucking roll of paper towels. And you don't even want to get into this, man. Oh, the toilet paper? Not with you. No. Thanks. Anyway. Yeah. |
0:38.7 | No. Um, the, uh, seven dollars for a four pack of toilet paper. Bargain. I would have gotten two. |
0:46.3 | The, um, so yeah, inflation was up seven and a half percent, seven and a half percent. |
0:54.2 | Uh, and I have a, I have a question about inflation. |
0:58.2 | It seems to me, you know, AOC has, was quoted as saying there's something wrong with capitalism recently. |
1:07.0 | I think she's been quoted more than once, yes. |
1:09.8 | But I think she has a point with inflation because the cycle of capitalism with respect to its inflation is just the time when working class wages start to rise, people start freaking out about inflation and they clamp down on the recovery and they always over clamped down. |
1:28.5 | So we have a recession. |
1:30.4 | And we never have that adjustment where the because workers are more in demand, they take a bigger share of the pie. |
1:38.1 | The cycle always interrupts that. |
1:41.3 | And stockbrokers never take a cut. |
1:43.4 | They never say stockbrokers are making too much money. |
1:46.2 | So there's a danger of inflation. We better clamp down on the economy. It's always the people who are in the, you know, the biggest group, which is regular workers. |
1:56.1 | And it just seems very unfair. And all the, there's something wrong. |
2:03.0 | All the, what's the word? |
... |
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