Why are prices so high? Robert Reich answers your questions – Stateside with Kai and Carter

The story

Source: The Guardian Business · NewTimes editorial text based on the source feed.

The vast majority of Americans say they are struggling to pay for gas and groceries, and are cutting back on luxuries.

But what or who is actually behind these price rises?

We asked you to tell us what's gotten too expensive in your own life.

Now, Kai Wright and Carter Sherman enlist Guardian columnist and former labor secretary Robert Reich to explain why you’re feeling the pinch.

From breaking down the market factors behind the cost of a $16 cheesesteak, to explaining why AI is playing into the price of a Nintendo Switch 2, Reich reveals who you should point the finger at in this economy.

Additional music by Epidemic Sound Robert Reich has written this week’s edi