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Market Mondays

You’re Being Ripped Off: The Hidden Price of Capitalism EXPOSED

Market Mondays

EYL Network

Entrepreneurship, Business, Investing

54K Ratings

🗓️ 23 April 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

In this thought-provoking clip from MM, Troy Millings, Rashad Bilal, and Ian Dunlap sit down to discuss a topic that's on everyone's mind but rarely gets seriously questioned: What is the real price of the products we buy? As tariffs rise and markets shift, the trio unpacks how consumer goods—from luxury items like handbags and cars to everyday essentials—are being marked up far beyond their actual manufacturing costs.


The conversation digs deep into the economics behind pricing, exposing how the lack of transparency and unchecked capitalism in America has led to unsustainable price hikes, even for necessities. Rashad highlights recent viral videos showing shockingly low production costs in China for furniture, clothing, and more, sparking a fresh debate on how capitalism and belief systems influence what we're willing to pay.


Ian points out that while inflation and product costs soar, wages remain stagnant, putting increased pressure on families and driving record-high credit card debt. They question if some regulation is overdue, especially as essential items are being priced more like luxury goods, threatening to spark economic unrest.


The clip also contrasts American and Chinese models of economic growth, noting how collective action and long-term planning in China have lifted millions out of poverty, while America’s short-term focus and influence of powerful oligarchs have contributed to growing inequality and market instability.


From healthcare and education costs to the global implications of AI in medicine, this clip leaves listeners rethinking not just the price tags on goods—but the systems and beliefs that put them there.


*Key topics covered:*

  • Real cost vs. retail price of goods in America and China
  • The role of capitalism, markups, and corporate greed
  • How market belief systems set value and price
  • Tariffs, inflation, and stagnant wages
  • Essential vs. luxury items: where do we draw the line?
  • Short-term vs. long-term economic planning in America and abroad
  • The rise of American oligarchs and their effect on democracy
  • Why regulation, transparency, and alternatives matter for the future


Learn why questioning the true cost of what you buy is more important than ever, and how this conversation offers a blueprint for understanding—and possibly changing—the economic game.


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*Hashtags:*

#Economy #Capitalism #ProductPricing #ChinaVsUSA #MMMedium #Tariffs #CostOfLiving #ConsumerTruth #MarketValue #EconomicReality #WealthGap #FinancialEducation


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Transcript

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0:00.0

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0:07.0

They break down all the financial aspects of your trip, whether that's the best days to book, how to avoid hidden fees, or which fancy travel credit cards pay off, and which ones are just an expensive flex.

0:18.1

If you want your travel budget to work harder, then dive into the best

0:21.5

deals, products, services, and more with smart travel from NerdWallet, wherever you get your

0:27.0

podcasts. What is the real price of products? That's what we're talking about off camera. And I think

0:33.6

that this whole tariff thing is really starting to make people question everything.

0:39.2

Like you see China and you know, what's popular now is furniture and they're showing in furniture.

0:45.2

They're showing furniture and they're showing like handbags and clothing items.

0:48.8

How much they actually cost to make and how much they're actually selling for in China. And it's pretty eye-opening to

0:57.0

say the least. Right. So then it's like, okay, well, if I can get a kitchen, closet,

1:07.4

bathroom, whatever, for one-tenth of the cost of America, right? Now you start to say,

1:15.2

okay, well, what is the real price of variety of different things in society? We know that,

1:20.7

okay, Jordans are inflated and handbags are inflated, but nobody really ever asks the question

1:26.5

of like, how much does a car really cost?

1:29.6

Mm-hmm.

1:30.2

And how much, what's the real market value of a car, right?

1:33.4

Because that's what China is really doing.

1:35.1

It's like, they're starting to make you question the whole capitalistic society that we live in in America where there's no guardrails.

1:43.1

And greed has just led to such and markup on prices. It's almost

1:51.6

unsustainable. While wages have stayed the same, right? Inflation goes up by wages have stayed the

1:57.7

same. And nobody really questions it because we don't really have any alternatives. What are you going to do? Not buy a car. What are you going to do?

2:03.4

Not live in a house. What are you going to do not buy this laptop, right? But when you start to

...

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