Inflation Explained: The REAL Reason Prices Are Going Up | The Class Room Ep. 2

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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[leelindsay]

CEOs are raising prices for no reason....like how they normally do....while they don't raise wages for employees. I don't buy Tyson chicken or any corporate meats these days.

[blzet]

Millions of people’s businesses were killed during lockdowns and government restrictions in the past 2 years, all the while massive corporations were not only allowed to keep conducting business, but tax money was pumped into them as “stimulus”. Their competition was killed and hasn’t really recovered, and they got all kinds of free money at the same time. The rich got richer and the poor got poorer, all because of the government

[wer]

As soon as the Democrats voted for stimulus payments to help We The People, the Oligarchs raised prices in order to absorb that $$$ for themselves! Nutrition assistance for citizens goes directly into their corporations profits.

[charliecooper]

Thanks for posting this well-made piece. It would help to explain that the power to raise prices at whim comes from lack of competition caused by corporate capture of regulatory agencies and lack of anti-trust enforcement.

[robertgreblheo]

Could we stop supporting these major corporations and support other businesses.. I know small and medium size businesses that are greedy.. but greed and laziness.. speculation is nothing new

[teenanguyen]

Inflation is man made to keep people working and working HARD. Covid made humans realise that they can live slowly, on their own terms and without constant need to consume and hence less production and less ecoonomic activity. But the capitalists can't have that can they....

[darinkrinovich]

I knew these companies were taking advantage of this situation. The dollar store raised it's prices $.25 months ago. $.25 isn't that much but for that store that's a 25% raise. Onething if they would of raised it $.05 -.10 that would of been closer to actually cost increases. To me I took that as taken advantage of the situation. Grocery stores have done the same thing, their pricing doesn't match actual cost increases. I mean if a company that make cereal let's say raised it's prices $.10 to cover cost increases. One would think that every place that sold that brand would raise it's prices by same amount. Not so price increases are all over the place. One store I shop at raised it's bag cereal by a fricking dollar and another one only $.10 -.15 if even that. This is total BS our politicians are not representing we the people whatsoever

[jbradleychen]

Great video! What it doesn't mention is the lack of competition that would otherwise create downward pressure on prices.

[MrMattMohler]

What!?

You mean they aren't happy with making enough money? 🙄

[loandbehold]

Another great video. Another example of how we are being screwed unnecessarily with a pandemic as a false excuse

[bgiv]

I get it! The corporate duopoly serves to get the 75-99% to feel like the 1-74% aren't working hard enough and are taking too much govt money. The middle class is shrinking but, instead of grouping up with the lower class as a unified working class, this is presented as the fault of the lower class rather than politicians and billionaires. Hopefully the middle class figures it out soon.

[frankd.]

We have the largest separation of wealth of any industrialized nation in the world, we need a maximum wage for CEOs and a much better minimum wage or better yet unionize and we won't have to count on politicians to do the right thing.

[Gtr]

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.

[eliyahubenysrael]

Thank you for this information! You all are doing a great service to the public..keep it going!

[BubblegumCreepydoll]

My man works as a manager for one of the food companies in this country. In one of their meetings the CEO literary gloated about hiking the prices 38% “due to inflation” which is way over the price hike that was needed “due to inflation”. My man was a quite disturbed and disgusted by this.

[michealklee]

Solidarity forever ✊🏽union strong 💪🏽 Chicago UBC 🇺🇸

[szellllest]

This video is over 2 years old in December 2023.. So sad 😢

[fturla___]

It's simply pricing power and/or lack of competition. That's it. The supply issues in terms of the inability to provide goods and services is not the problem. This is why the vast majority of inflation forces is not done by the population or outside forces. You need to hike interest rates up quickly to kill off incentives of companies to raise prices. The core inflation rate in the last 50 plus years has been near 7% annually and the last three years it's well over 10%, which means if you factor that into the sum of the half decade, it raises annual inflation rates above 7% if no recession period is allowed to occur in the next 2 years. People don't realize that we must have a long recession period to halt inflation if we want annual inflation forces to be below 7%. The government stating that inflation has only been 2 to 4% in the last decade is an explicit lie that you can verify by yourself by creating your own basket of goods and services and calculating the change in prices.

[keithbrady]

So, the fact that the Fed has doubled the money supply in the past year doesn't cause money to be worth less? What about mass production of printed money that doesn't have anything for collateral to back up the worth of that printed paper? Can that make money worth less and cause inflation?

[mridt]

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