This interview originally aired on In the Moment on SDPB Radio.
How do businesses change their prices during times of inflation? Do they raise prices a little higher than they need to in order to line their pockets a little more?
That's one way to describe the theory of greedflation.
Macroeconomist Joe Santos, Ph.D., joins In the Moment to debunk greedflation and explain what's happening in our economy today.