Geopolitical Economy Report cover image

What causes inflation? Economists Radhika Desai & Michael Hudson explain

Geopolitical Economy Report

00:00

What's Causing Core Inflation?

Neoliberalism is financial lobbying for a financiers view of the world. That's the central banks view of theworld, and it's certainly not the wage earners view of theWorld. neoliberalism really is financialization. The reason why core inflation is high because of the productive problems of the underlyingproductive problems of the economy. This, I would say, is the main thing that is causing inflation. And as we move on to talking about what the Federal Reserve is doing, how are we to understand it, and what's wrong with it?

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app