Episode Details
Back to EpisodesWages, inflation and a 3,000 percent price hike in bread
Published 5 months, 1 week ago
Description
Wages haven't kept pace with inflation since the late 1970s. But did you know that since 1939, the cost of bread has risen by more than 3,000 percent -- meaning the $1.84 a loaf used to cost would be more than $60 in today's dollars? Paul Stone says it's gotten so bad that many of today's youth despair of being able to -- ever -- buy a home.