The fed is tightening up its monetary policy, winding down quantitative easing and hiking interest. Once again, like in the 19 seventies, were dealing with ta supply shock, this time in the form of disrupted supply chains. And yet, once again, the blame seems to be getting placed on so called wage by wage price spiral inflation. Given that we've been hearing about the supply chain disruption for so long, it was not a marginal story in the news media. How are opinion makers and the powers that be, how are they getting away with blaming and punishing workers for inflation? Once again? I mean, i think it's important to remember that from the perspective of the united states, in
Rupert Russell and Isabella Weber discuss Russell's book Price Wars: How the Commodities Markets Made Our Chaotic World and also the current politics of inflation.
Listen to Weber discuss her book How China Escaped Shock Therapy: thedigradio.com/podcast/how-china-escaped-shock-therapy-w-isabella-weber/
Look at Rupert's precious puppy: twitter.com/rupert_russell/status/1511428696409837573?s=20&t=OPVNgfXuokFY6ZQYRkxe4g
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