Ep. 224: Econ 101 with Robert Reich

Published: Dec. 17, 2021, 4 a.m.

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With the end of the year approaching & reports about inflation dominating the nightly news, Americans are anxious about what this means for them. Former US Secretary of Labor and progressive activist Robert Reich, however, thinks this is a major misdiagnosis: the problem isn\\u2019t inflation, but a lack of competition to stop big, monolithic corporations from jacking up prices. Robert joins Mike on the show today to talk about who is really responsible for your gas and milk prices skyrocketing, and why it\\u2019s more important than ever for the government to intervene in a moment when they\\u2019re trying to pull back. Plus, they discuss the rising labor movements in America and whether the \\u201clabor shortage\\u201d the media & big companies keep alleging is actually a general strike of workers across the country.

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Read Robert\\u2019s latest Substack post on Inflation and monopolies, \\u201cPsst: You want to know the truth about inflation? (It\'s not what the Fed thinks it is.)\\u201d

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And be sure to check out Robert\\u2019s other Substack post we discussed in the episode, \\u201cWhy I don\\u2019t trust the mainstream media\\u201d

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Also be sure to check out Robert Reich\\u2019s 2013 Documentary \\u201cInequality for All\\u201d, available on multiple streaming platforms.

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Read Mike\\u2019s latest Substack post on what we can do about Gun Violence in America: \\u201cGun and Done\\u201d

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Music in the episode:

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\\u201cMoney\\u201d by Pink Floyd

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A full transcript of this episode can be found here:

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https://rumble.media/category/podcast/transcripts/

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