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Bridget Bodner

๐Ÿ‘ค Speaker
223 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
What is inflation?

That's in fact what we saw with the pandemic.

Marketplace All-in-One
What is inflation?

I see now where we went wrong with that one.

Marketplace All-in-One
What is inflation?

Oh no, you just slipped on the lever that makes the government lower the prices of everything.

Marketplace All-in-One
What is inflation?

During World War II, we tried that.

Marketplace All-in-One
What is inflation?

We had the Office of Price Administration, and it determined the prices for things and told companies how much they could charge for each thing.

Marketplace All-in-One
What is inflation?

And police say it solved inflation forever.

Marketplace All-in-One
What is inflation?

And what developed are what are called secondary markets or black markets, where the companies were told they could only charge a certain amount.

Marketplace All-in-One
What is inflation?

But then either the people who were able to buy it at that low amount turned around and sold it to other people at a higher price or the companies themselves cheated and broke the laws and sold things at a higher price.

Marketplace All-in-One
What is inflation?

Yeah, or those second-hand tickets I bought for a Belly Eyelash concert.

Marketplace All-in-One
What is inflation?

I think maybe I bought some fake tickets?

Marketplace All-in-One
What is inflation?

Well, I really thought we had a solution there.

Marketplace All-in-One
What is inflation?

This room is actually the levers that don't work and the Fed doesn't have the power to do it anyway room.

Marketplace All-in-One
What is inflation?

It said it right there on the door.