The Socialist Program with Brian Becker cover image

Recession, inequality and capitalism: A "soft landing" for who?

The Socialist Program with Brian Becker

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The Federal Reserve Is Opposed to Maintaining Price Stability

"The Federal Reserve was established in the United States a little over a hundred years ago. With two particular objectives, one the most important, and that one is called a stable price system," he says. "Don't have prices cascading down, that's called a deflation, and don't have prices shooting up, that’s called an inflation."

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