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Debunking 4 Myths About Inflation | Robert Reich

Raising interest rates is a terrible mistake. The Fed assumes inflation is being driven by wage increases. That is false. Wage growth has lagged far behind inflation. You know what’s a real driver of inflation? Monopolistic corporations jacking up prices to maximize profits.

Watch more: You Are Being Lied to About Inflation ►► https://youtu.be/Zi4KMCQuQYE

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THE ENDORSEMENT

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