The Fight Over Rising Prices
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 15 June 2021
⏱️ 22 minutes
🧾️ Download transcript
Summary
Turn on your favorite business news channel, and it seems like all anyone can talk about is inflation. Prices are rising, but is it anything to worry about in the long term?
Guest: Jordan Weissmann, Slate’s senior business and economics correspondent.
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Transcript
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| 0:00.0 | So Jordan, do you want to know what I love about talking about inflation? |
| 0:08.0 | I'm all the years. I'm really curious. What do you love? |
| 0:13.0 | Jordan Weissman. He's the slateser I call up when I've got questions about the economy. |
| 0:19.0 | I love the news clips. |
| 0:21.7 | Much hotter than expected inflation reports, shocking markets, and even the Fed. |
| 0:25.9 | And we pay more for everything we buy in every store. |
| 0:28.9 | More for heating, more for cooling our homes. |
| 0:31.5 | Who wins here? |
| 0:32.5 | The bad guys and the enemies of America. |
| 0:34.8 | They're just so delightfully unhinged. |
| 0:37.7 | All right, folks, the inflation volcano has erupted. |
| 0:40.6 | Like, the volcano has erupted. |
| 0:43.8 | I like this metaphor. |
| 0:45.6 | Like, inflation as the Yellowstone super volcano, the Yellowstone Caldera. |
| 0:50.9 | We've all been hearing about it for so long, and now it's finally exploding. |
| 1:02.3 | If you watch enough CNBC, you'll see this story about inflation play out in a bunch of different ways, |
| 1:08.1 | as a story about worried investors and CEOs, as a personal finance |
| 1:11.8 | story. |
| 1:12.6 | From Wall Street to Main Street to Washington, everyone is talking about inflation, which is having a |
| 1:18.3 | real... |
| 1:18.6 | I want to pick apart the way the inflation story is being told right now. |
| 1:23.4 | By talking about this segment I saw on CNBC, they had a reporter go out and see how inflation is impacting you day to day. |
... |
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