Ryan Perez
👤 Speaker
215
total appearances
Appearances Over Time
Podcast Appearances
Marketplace All-in-One
What is inflation?
Surely you've made some kind of adding error.
Marketplace All-in-One
What is inflation?
Want to throw in a newspaper for an extra 10 cents?
Marketplace All-in-One
What is inflation?
Um, yeah, I think I'm gonna like it here in 1972.
Marketplace All-in-One
What is inflation?
Maybe we just stay here and live in this paradise where candy bars cost a mere dime.
Marketplace All-in-One
What is inflation?
We're all on our own journey, man.
Marketplace All-in-One
What is inflation?
So, as a shaggy-haired gentleman of the 1970s, this stuff doesn't seem cheap to you?
Marketplace All-in-One
What is inflation?
And now that you mention it, everything was way more expensive when I was a kid in the 1950s.
Marketplace All-in-One
What is inflation?
Back then, a Snick Snack bar was only 5 cents.
Marketplace All-in-One
What is inflation?
Everything cost less in the past, but people made less money too.
Marketplace All-in-One
What is inflation?
And over time, prices go up, but so does what people get paid to work.