
Platypus Economics with Justin Wolfers
What Halloween Candy Reveals About Inflation | Off the Clock
Coming soon to iPhone. Already have it? “Listen in Starcast” takes you straight there.
On this episode
About this episode
Why is inflation rising faster than your wages? It's a cost-push energy shock, not the good kind.Justin Wolfers and Bloomberg's Stacey Vanek Smith dig into the latest inflation report on Off the Clock, and the news isn't fun: prices are climbing 3.7% while wages crawl along at 3%, which means the average American — maybe you — is quietly falling behind. Justin walks through the difference between demand-pull inflation (the economy runs hot, prices rise, but your paycheck rises too) and cost-push inflation (energy and tariffs push costs up, prices rise, and nobody hands you a raise). Guess which one we're living through.Along the way, Justin grades new Fed chair Kevin Warsh (forecasters gave…