Who Is To Blame for Inflation?

The video discusses the inflation trends in the US over the past two decades, highlighting the impact of the pandemic, supply chain disruptions, and fiscal stimulus. It examines the shift in focus from inflation to the labor market and wage growth. The debate on whether wages drive inflation or vice versa is explored, with insights from economists like Adam Shapiro and Ben Bernanke. The video also considers alternative inflation drivers, including housing, used cars, and even cultural events like Beyoncé's tour, which temporarily affected inflation in Sweden.

According to Adam Shapiro's analysis, what is the relationship between wages and inflation?

What humorous connection was made between Beyoncé's tour and inflation in Sweden?