Ever since we emerged from the Covid pandemic, life has seemed pricier than I remember.
This has been a refrain from countless American regardless of political ideology, race, nationality, etc.
To be honest, I feel like there has been some stagnation surrounding this discourse as a result of bad actors in the political world.
Republicans are happy to blame Biden policies on increased costs during an election year, and Democrats are content to pretend like the economy has never been stronger out of fear of losing support.
It has been my contention that a large percentage of price increases around the country have been brought about by a desire to artificially inflate profits, often times behind a false pretense.
I’ve been saying this since you guys in the Fox Cities have gotten to know me.
As time goes on, it seems as though more and more info is being provided to the American public that, more often than not, backs up my claim.
Recently, the Federal Trade Commission (FTC) released a report highlighting that Saudi Arabia has been colluding with members of our oil and gas industry in an effort keep the price of gas artificially high.
Matt Stoller, the Director of Research with the American Economic Liberties Project, recently wrote about the numbers behind this potential collusion.
These alleged activities have cost the average American between $500-$1000 during 2021, potentially contributing to 15-30% of overall inflation.
He joined my program earlier today to talk about how this process works, how it impacts the average American customer, and what the FTC can do to combat these alleged activities.
To listen to our entire conversation, click the player at the top of the article.
