Money makes the world go round. Well, it is supposed to. Why do countries depreciate their currencies over time? Someone could live on $2.50 an hour back in the 70s, but as prices go up, so do wages.

Prices are set by the final seller, but there are limits. The seller works out through economics, the maximum price they can change for the item. How Much Can Be Charged for a Burger?

Professor Richard Wolff joined Thom to discuss economics and how they affect you.