Workers will suffer if interest rates are hiked to the point that a recession is induced. Business, of course, loath's a tight labor market as much as workers welcome one. But but today, corporate profits are have been doing well. And I doubt that finance would welcome a stock market crash.
Featuring historian Tim Barker on the state of monetary politics amid the current fight over inflation.
Check out my July 2021 interview with Barker if you want a more expansive primer on inflation thedigradio.com/podcast/inflation-politics-with-tim-barker
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