Oil, gas and mining

What’s driving inflation, high gas prices?



Signs of record-high inflation are undeniable. So what’s driving the rise in prices? Brook Silva Braga gets a crash course from “Planet Money” podcast host Jacob Goldstein.

#news #inflation #gasprices

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27 Comments

  1. Ugh this is an easy answer. Joe Biden, he is the reason gas prices are so high. This is a no Brainer and every American with a brain knows that thus isn't because of Putin.

  2. Banks create money just by writing it on tis accounting, by doing that they artificially created profits, example you are given a loan , to buy car in the whole process you never see printed money, you are driving the car, but you did not saw any printed money exchange, ask yourself how did that happen? This is how banks help corporations regain their value and force humans to keep producing money for them its like this you dont want to work , you have no need, you don't want to commute , then you don't earn, but because of this you have a smaller desire to consume for both objective and subjective reasons, so if you don't consume , investments and corporations produce less profit. Less profit means les power, you have more time to think and more inclination to regulate everything, inflation regulates this by creating a purchasing crisis some times even of the basic goods we need to live, therefore increases the importance of having a job, of earning a living, so you go back and you consume more than before , so the cycle of work, earn, consume, demand and profit is restored.

  3. Why doesnt anyone say anything about us folks that have retired and on a fixed income? The ones on welfare and getting food stamps get weekly compensation for food and gas as prices go up and "WE", the ones on Social Security are struggleing to keep our power turned on. Let's open this matter up.

  4. Corporations own us and the government. That's why our leaders are doing nothing they are getting their pockets lined with cash! Major gas and oil companies making billions off us poor people and politicians are rolling in kick backs!

  5. Well You lost me when you stared blaming high gas prices on Russian war. You guys need to get a different line because, as we all know, Biden started this the first day in office. The Biden administration is bragging about the war on fossil fuel out in the open and we the consumers are suffering.

  6. ENOUGH stop putting the fault of gas prices on Russia Ukraine war you are WRONG .and food cost is due to diesel prices to ship it.and people where on uneployment benefits paid more then wages so wages went up so prices went up.This problem is the people in government thats the problem ..Theses guys are not telling the truth in this video .politics caused the problem nothing else this inflation is done by design period YOUR not gonna get the real truth because this is comeing outa good morning amerca show out of NY The government is the blame right now .period and it is no accident

  7. Notice the empty shelves at target are for seasonal items. Lol

    I just watched a segment on product prices being slashed because retailers overstocked on high ticket items and then Americans pulled back on shopping. 🤦🏼‍♀️

  8. Nothing at all. There is zero reason for gas to be $7. Govt needs to regulate prices. A year ago this time has was barely $3:50 for premium. This is greed. A war not involving us broke out and peolle have gone crazy, hiking prices on everything

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