Corporate America's Banner Year.
Please understand that they hate you.
Because inflation is on everyone’s minds and the media can’t seem to get this right, we dive even deeper into the inflation narrative to dispel both propaganda and myth. Surprise, surprise, the real story of inflation is wrapped up in corporate America’s rather impressive year. We’ll talk about how increasing rents, pain at the pump and higher consumer prices went back into the pockets of large corporations and Wall Street and explain why it only happened in America.
Show Notes
Clips
Episode Timestamp + Link | Clip Link
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00:02:51 | Cramer on PPI and inflation: Everything is red hot, not sustainable
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00:03:01 | CNBC: Removing inflation from the system takes pain, says Man Group CEO
Resources
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Reuters: Japan’s inflation hovers around 2-year high, BOJ flags price pressure
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Pew Research: As national eviction ban expires, a look at who rents and who owns in the U.S.
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ProPublica: When Private Equity Becomes Your Landlord
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Rent.com: A monthly look at average rent price trends across the United States.
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Barron’s: How Oil Could Hit $150. It’s Not Just About Russia.
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Statista: Daily demand for crude oil worldwide from 2006 to 2020, with a forecast until 2026
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Tyson: Annual SEC Report ‘21
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Nestlé: Nestlé reports nine-month sales for 2021, raises full-year organic sales growth guidance
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Procter & Gamble: Annual SEC Report ‘21
Book Love
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Binyamin Appelbaum: The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society
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Thomas Piketty: Capital in the Twenty-First Century
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Stephanie Kelton: The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
Pod Love
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Pitchfork Economics: Debunking deficit myths (with Stephanie Kelton)
UNFTR Episode Resources
UNFTR Beer Partnership
UNFTR Quick Links