Inflation Recap
Heritage Explains
Heritage Podcast Network
4.7 • 847 Ratings
🗓️ 27 December 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
John Popp (audio engineer extraordinaire) and Tim are in the office, even though it's that awkward time between Christmas and New Years. It's quiet, for sure. Because we are all feeling inflation in the pocketbook, and now the term "stagflation" is being thrown around, we decided it'd be a good idea to re run the conversation Tim had with Joel Griffith earlier this year explaining inflation. This is a great primer, and sets us up perfectly for next episode when Joel will be back with Tim to tackle "stagflation."
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Transcript
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| 0:00.0 | From the Heritage Foundation, I'm Tim Desher, and this is Heritage Explains. |
| 0:19.7 | And this is Heritage Explains. |
| 0:33.9 | Well, we are in that weird season right now between Christmas and New Year's. |
| 0:38.1 | I came into the office, and John Pop is on the other side of the glass right. |
| 0:42.9 | John, turn on your mic real quick here. You have to back me up on this. This might be the most awkward time to be in the office ever. It's like a ghost town. I walk down the hall and |
| 0:49.2 | crickets. Heritage is going to have to hire an exterminator to get rid of that. |
| 0:56.0 | There's nobody here. |
| 0:57.2 | There's nobody here. |
| 0:58.8 | And more than that, too, you walk outside the building. |
| 1:01.4 | And not only do you have the D.C. COVID stuff happening where that keeps people off the street anyway, but everybody's also back home or back out and somewhere around |
| 1:11.5 | the country. |
| 1:12.1 | Right. |
| 1:12.4 | Yeah. |
| 1:13.1 | Yeah. |
| 1:13.6 | Except us. |
| 1:14.0 | We're here. |
| 1:14.6 | But we're here. |
| 1:15.3 | Yeah, of course. |
| 1:16.1 | And we've got an incredible rebroadcast today because we are continuing to push in on this |
| 1:22.4 | inflation. |
| 1:23.4 | Now we're hearing the term stagflation. |
| 1:25.7 | What we wanted to do, John, is we wanted to kind of recap our coverage of inflation. Now, in April, you remember this, John, we had Joel Griffith in to talk about what we saw economists saying, is inflation coming? Is it here? Is it setting in? And it was all the speculation. And Joel was able to say, |
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