Inflation is being blamed on workers, government spending, and Joe Biden’s Build Back Better agenda. The real culprit? Corporate greed. In our second episode of The Class Room, we dug into financial reports to investigate the real reason that prices are going up. Hint: corporate profits have never been higher.
Episode 2 of The Class Room.
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Inflation Explained: The REAL Reason Prices Are Going Up | The Class Room Ep. 2
Inflation has become a hot topic recently, with consumers noticing a significant increase in prices across various sectors. From groceries to gasoline, the cost of living seems to be steadily rising. To shed light on this economic phenomenon, “The Class Room” has released its second episode, aptly titled “Inflation Explained: The REAL Reason Prices Are Going Up.”
Hosted by renowned economists and experts, this educational series aims to break down complex economic concepts into easily digestible explanations for the general public. In the second episode, “The Class Room” delves into inflation, a subject that impacts the lives of individuals and nations alike.
So, why are prices increasing? The REAL reason can be attributed to various factors, and “The Class Room,” with its team of experts, demystifies this complex issue for viewers. They highlight two key drivers of inflation: demand-pull inflation and cost-push inflation.
Demand-pull inflation arises when the demand for goods and services outpaces the supply. This occurs in a scenario where consumers have increased purchasing power, either due to rising incomes or access to credit. As demand surges, businesses respond by raising prices to capitalize on the increased buying power of consumers. This, in turn, leads to an overall increase in the price level of goods and services.
Cost-push inflation, on the other hand, occurs when production costs surge, forcing businesses to pass these additional costs onto consumers through higher prices. This can be caused by a variety of factors such as increases in wages, raw material prices, or taxes. For instance, if the cost of labor rises, businesses may have to increase prices to maintain their profit margins.
“The Class Room” explains these drivers of inflation using real-life examples and clear visuals to ensure viewers grasp the concepts easily. Understanding the mechanics of inflation is crucial for individuals as it affects their purchasing power and standard of living. Additionally, it is essential for policymakers, businesses, and economists who must analyze and predict inflation trends to make informed decisions.
The episode also delves into the significance of measuring inflation by using indexes such as the Consumer Price Index (CPI). These indexes track changes in the prices of a basket of goods and services over time, providing valuable insights into the overall level of inflation. Understanding these measures helps individuals and policymakers gauge the impact of inflation on their finances and make informed decisions.
“The Class Room” episode on inflation not only provides valuable knowledge but also makes economics accessible to audiences of all backgrounds. Breaking down complex economic concepts into relatable terms, the show succeeds in demystifying inflation and its impact on everyday life.
Whether you are an individual trying to make sense of rising prices or a policymaker crafting economic strategies, this episode of “The Class Room” is a must-watch. By shedding light on the REAL reasons behind price increases, it equips viewers with the knowledge to navigate an inflationary environment more effectively.
Inflation and greed are two completely different things corporations are greedy thay is the nature of the beast but they can't cause inflation that is the sin of government the very definition of inflation is to inflate the money supply a simple economic reality to much money chasing to few goods or supply and demand every high school kid should know this and they would if not for government control of education
Greedflation, and nobody is doing anything about it. Nobody will. Talking about it over and over, like peeing in the wind.
Doesn’t do anything.
So, how does it change?
That’s the point.
Thing is "we" have the power to stop this "greed". It's ridiculous the ones making these corporations filthy rich have the least. It's far past the time, let's stand together and show them who really has the power. A good week long labor strike will send a strong message.
Your pay raise 3% yearly their price inflated by 12%. Thats 9% out of your paycheck. . Productivity goes up we should have more money to properly represent our productivity. The problem is all that extra money that's generated from extra productivity and its representation is also hoarded at the top like all the money made prior to that but as the inflammation goes up and as you only keep a very small percentage of that inflation that difference is even more money that is being taken from your paycheck you're not getting a pay raise every year when you get a 3% raise you are actually getting your pay lowered every year with a 3% raise because they're keeping the 9% they're keeping the 9% for themselves you'd be making an even stable paycheck if you got the full 12% but you would been be getting a pay raise if you got something over 13%. But you're not you're losing that's why every couple years if you just got a new job you'd actually be making a little bit more but since they're also doing the same thing you're losing money regardless and there is barely any money to be made as well as extreme price gouging at every facet of life.
Thank you so much for this video, but it would be better if you were to source your resources in the description for people who use this as research 🙂
Fascism……duh
It's a Big Gov/Big Corp merger
They take the price increase and they don’t even give it to their workers.
It's almost definitely a combination of multiple contributing issues of which supply chain, instability, and excess money supply are all part, however it's crazy to not think that corporate is a major contributing factor. Seemingly every major Corp ever realized during the pandemic they can provide absolute trash service and actually raise their prices, and not only survive but thrive, have some of their best quarters ever. Why would they go back? Especially when in almost every major industry ultimately there's like 2-4 major controlling conglomerates. So F it, let's jack up prices as high as we possibly can until people are absolutely forced to cut back, provide absolutely crap customer service and general quality, then back down the prices a teany tiny bit, then sit back and enjoy
Dude, if money buys less, then the value of having "record profits" may not be higher than the previous record. All things rise proportional to the value of currency when measured in currency. This includes profits costs prices and i WISH it included wages but those always lag behind. The only factor here i find wrong is that wages aren't also increasing to match inflation.
Disinformation at its best. Current inflation in the US, as all empirical analysis show, its due to excess aggregate demand. In the case of Europe, its due to a supply shock. Greed is the excuse politicians use to not be accauntable of their own blame on current inflation.
They don’t explain what money is and how is it created, if you only knew and understood this, then you would understand why things happen the way they do. It’s not just greed, it’s mathematics. Our monetary system is mathematically designed to fail.
He also admitted the corporation is raising prices to appease the investors, so who is at the top of this greed push? It is the investor who is pushing the Corp to raise prices. Who is the investor? Look in the mirror. 401k and mutual funds and pension plans.
Hyperinflation that great excuse and great abuse
Coles Aldi's Woolworths all doing the same thing rising their prices higher and then claiming responsibility on inflation
Just wait till they introduce central bank digital currency then you will lose control of your own finances let alone about the rising inflation and prices an increasingly expensive rental of houses
Save
I knew it was the CEOs. Damn! Well, now we know printing more money doesn’t cause any problems. So, let them print enough so we don’t have to pay taxes. Simple enough.
When we let corporations form into conglomorates this is what we get. Regulations are needed bc ppl will just do the things if you let them.
Ready for revolution yet?
Seriously, how many reasons do you need?
Multiple courts have ruled law enforcement have no duty to protect and serve us.
3 billion taxpayer dollars spent settling lawsuits against corrupt and incompetent cops in the last 10 years
30,000 dead children in Iraq and Afghanistan
School shooting almost daily
For every single dollar of shoplifting there is five dollars of wage theft
We've given billions of dollars to Israel, a country with universal healthcare, while we're told we can't afford it.
Taxpayers in every major city have paid to build and rennovate huge structures for businesses owned by billionaires.
Drug use is up.
Mental health issues are on the rise.
Approximately 80% of us are on prescription drugs.
The number one cause of bankruptcy is medical debt.
We're still removing or covering lead paint in schools and public housing.
Places like Flint still don't have clean water.
Not enough for you? I've got endless examples.
After every fish has been eaten, then we will know that we cannot eat money.
I wish this would get out to the general public! this is what i try to tell folks ,boy do they get pissed at me ! Then they spew what ev it is they are brainwashed to say
good
… inflation is a man mde thi g to stuff the pockets of the rich: Jesu sees everything.. he is waiting for them
Packages are getting so small. Corporate greed.
Great job! We need you to get this word out! Thanks for your work
this video seems to think that introducing 6 trillion dollars of new money into circulation has nothing todo with inflation. a truly astounding point of view that shows a clear lack of understanding
I wish you were as right as you are passionate.
More people should be seeing this.
Corporate shit heads will continue to gauge the public as long as all too willing labor-hating conservatives and their moderate enablers keep blaming "people who don't want to work". Smh.
are they abusing pricing power to some extent? definitely. but inflation is caused by 0%interest rates stimulating borrowing where banks create money through new loans. money doesnt have any intrinsic value so more money in the system chasing the same or fewer real goods is what causes inflation. the banks and the federal reserve are to blame more then anyone else.
Politicians don't serm to have a clue about how to curb inflation (other than raise interest rates) or its real cause and how to correct it. But the parties are very good at blaming each other.
That's why "Political Science" is an oxymoron.
Energy costs drive all inflation.
Anything else is propaganda.
remember kids, inflation is due to dozens of factors. All contribute, but no one will ever know the exact reason why it happened.
Also remember that stimulus checks were less than 15% of all stimulus, and most if it went to corporations.
The rich family’s all work together. The poor fight against each other. This story is the model across this world. Whenever the economy is going down, some get rich, some get poorer, others blame others. This is what you are reporting, are you not? All from a Democrat’s perspective. Things were good under Trump, then Biden comes along and stops oil drilling, and and gives everyone free money, now inflation, and it always seems to be the fault of the conservative, yet Biden precipitated it all, yet I hear nothing? All about the rich, and the conservatives. A BS channel.
is china buying our bonds right now?
They are soulless creature s.
He is also a big crook and may God bring to him and his family what he brings on poor in Jesus Christ Almighty name.for pure greed.
Basic economics says you cannot unilaterally raise prices if you are in a competitive market. The market will punish you. There’s really only one way to rid yourself of competition, and that’s to use government power. You can disagree all you want with MF’s take on inflation, but you are still going to be stuck with it always being a government created phenomenon.
Whining about it, or simply declaring it to be false, changes nothing.
Wealth is a ghetto
Buying local is the way to go. If companies make profits every step along vertically integrated production, buying as close to home and as close to unprocessed is not only healthier, climate conscious, but screws big agro cash flow.
We are being gaslighted by our politicians
Maybe include Left Wing Propaganda also in your mission statement. If you don't see the propaganda on both sides you are probably not paying close enough attention. Unless you are buying into one side (or the other) either deliberately or worse, unknowingly.
What’s the point of the ultra rich profiting even more when it’s the majority of people whom do the work and whom suffers the most to make the world spin. The average Joe and Mary needs money in there pocket to plan for retirement not to stuff the retirement plans of the rich whom are already rich to begin with. Poverty is manmade 🙁
Corporations should be fined for doing this because it means that more and more people will need to rely on government assistance for aid because they can’t keep up with there payments due to rising costs of everything. The economy is collapsing because corporations are becoming greedy but then whom will help the average Joe and Mary??? God?
where is the solution. in the democracy people have no voice. we can't go after corrupt politicians and corporation ourselves. there is no control over power of those people. we just vote and hope upon hope that can change anything.
The absurd they say inflation is 7-10% while it’s 350% on all grocery
“the power to tax involves the power to destroy.", who said dat??? Chief Justice John Marshall in McCulloch v. Maryland (1819). when politicians ratified the 16th amendment, they gave that power to themselves making America a kleptocracy ran by the kleptoCRAT Party. the other half of the income tax gimmick, of course, is the Fed which inflates the currency by monetizing the federal debt and every time politicians raise the debt limit, they are inflating the currency putting you in a higher tax bracket. surprise, surprise, politicians don't adjust the tax brackets for inflation…..
its a weapon used to keep the working class at bay!
Technology was developed to lower the cost of living….. not for greed to takeover the humans! But none of you blocked the doors! THEY ARE FRAUDULENTLY EXTRACTING MONEY FROM EVERYONE! Go get them boys?