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This is the Tom Hartman program.

Block going on in our economy, it looks like the inflation, which appears to be mostly caused by

corporate price gouging, multiple actually members of congress suggesting that it's 54% of total US

inflation is corporate price gouging, and the rest of it is the price of oil that the Saudi Arabian

Russia, you know, with Russia's brutal attack on Ukraine are driving up the price of oil.

Nobody's really talking about what we should do about the price of oil.

Professor Richard Wolff is on the line with us, the economist, the co-founder of democracy at

work.info, the author of numerous books, The Sickness is a system when capitalism fails to save

some pandemics or itself as his most recent, also available as an ebook, and he's also the host

of economic update with Professor Richard Wolff right here on free speech TV.

Has the time for nationalization of oil and gas arrived and you might want to describe what

that is and what that might mean?

Absolutely the question of nationalization always is on the agenda. Why?

All that nationalization means is that the government takes over the business. There are many

different forms of doing that. You can buy shares in the company, if you're the government,

...