Greetings friends, it is Thursday, March 9th.

This is your Trapo Trap House.

It's me and Matt today and we are discussing the economy.

I know it may sound boring but the economy is the thing that determines how much stuff

there is, how much of that stuff you get to have and ultimately who gets all the best

stuff.

But I don't want to be hopelessly out of my depth for this discussion so here to enlighten

us on this phenomenon known as the economy is returning guest Professor Richard Wolff.

Professor, welcome back to the show.

Well I'm very, very glad to be here.

I have good memories of the first time so let's go to it.

All right, well there's a lot of things that you know the economy covers you know and

we'll get to like things like the debt ceiling, student loan forgiveness, economic warfare

between NATO and Russia.

But I want to begin with probably the the the facet of economic policy and reality that

is probably most present in the lives of everyday Americans and that is inflation.

It's causes and consequences we hear about it all the time but it's pretty simple.

It's like when you start to notice that things are more expensive to buy particularly at

the supermarket as of late.

I'm sure you've noticed this.

That's inflation and it's considered a problem.

But like almost everything else in the economy the way inflation is discussed it's sort of

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