Speaker 1: (00:00) Prices at the gas pump and the supermarket are bringing home the big headlines about inflation and those headlines have been screaming about the highest inflation rate in 30 years, a 6.2% jump in the consumer price index and price hikes are even higher on individual items like gas, groceries, and automobiles. The truth is right now, many Americans have more buying power than there are goods to buy. So inflation, the question is, did bad policies create that situation? And can it be turned around any time soon? Johnny is Alan gin, economics professor at the university of San Diego and professor gin. Welcome to the program. Thanks for having me. Where are San Diego and seeing the biggest consumer price increases Speaker 2: (00:48) Food at home is up, uh, nationally, uh, over 5%. Um, if, if you're looking at the individual components of that index in particular, what I would call the proteins have been up considerably. So in the category, meat, poultry, fi...
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