Recession, inequality and capitalism: A "soft landing" for who?
The Socialist Program with Brian Becker
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The Only Way to Stop an Inflation Is to Rake Interest Rates
Inflation is damaging your standard of living. And you don't need a PhD in economics to understand if your wages go up 5% but everything you have to spend those wages on goes up 10%, you're worse off than before the inflation began. The Federal Reserve failed us again by acting and here of course we have to notice that the Republican and Democratic Party leaders fell right in with the Federal Reserve as they usually do because these are all basically the same people. In August 15th of 1971, a conservative Republican president of this country, Richard M. Nixon, faced an inflation even worse than the one we have now, but of the same order of magnitude. He found a way to respond
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