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1 big thing

We all need to get used to higher prices

1 big thing

Axios

News

4.02K Ratings

🗓️ 19 April 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Our record inflation rate of 8.5% year over year won’t last forever. But even when that goes away - some of the high prices we’re seeing now may never go back to pre-pandemic levels. Plus, could driverless vehicles extend to the trucking industry? And, a federal judge strikes down the CDC’s mask mandate. Guests: Axios' Javier E. David and Joann Muller. Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Nuria Marquez Martinez, Alex Sugiura, and Lydia McMullen-Laird. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go deeper: High prices are here to stay Automation could send long-haul truckers driving into the sunset Federal judge strikes down travel mask mandate Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This isn't just midweek football.

0:02.2

It's wide-eyed, shirtless jordies on a European tour.

0:05.8

It's noisy neighbours turn trebles winners doing the post-NAM.

0:09.6

It's the red devils burning with scores to settle.

0:12.5

It's the young gunners all fired up with their sights set on glory.

0:16.4

It's the chance to compete with Europe's elite.

0:19.2

This isn't just football, this is everything.

0:21.5

Not change the medal!

0:23.1

Watch the UEFA Champions League and Europa League live an exclusive on TNT Sports.

0:30.0

Good morning, welcome to Axios today.

0:36.4

It's Tuesday, April 19th.

0:38.4

I'm Nyla Boudou.

0:39.4

Here's how we're making you smarter today.

0:41.6

Could driverless vehicles extend to the trucking industry?

0:45.2

Plus, a federal judge strikes down the CDC's mask mandate.

0:49.4

But first, today's one big thing, why we all need to get used to higher prices.

0:59.7

Our record inflation rate of 8.5% year-over-year won't last forever.

1:04.8

But even when that does go away, some of the high prices we're seeing now may never

1:09.4

go back to pre-pandemic levels.

1:12.0

As Axios is managing editor for business, heavier David writes, the days of cheap goods

1:16.7

and services may be long gone.

1:19.5

Havier joins us now from New York with a big picture of our current inflationary moment.

...

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