There’s no question that the inflation crisis is here and it’s not going away any time soon. So what was the cause – the Ukraine War, government spending, sun spots? And what’s the best way to solve the crisis? The New School economics professor Richard Wolff says the explanation for the current crisis is actually quite simple, and notes that the government has acted dramatically to curb inflation twice in the past, and could do so again if only those in positions of power had the political will to challenge corporate interests profiting handsomely off the high prices.
Jimmy and Professor Wolff discuss the episodes when two former presidents – one a Democrat, one a Republican – did what they needed to do to keep the prices of goods and services accessible to most Americans
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