
Price Wars w/ Rupert Russell & Isabella Weber
The Dig
00:00
The Fed's Response to the Two Thousand Eight Financial Crisis Was Paradise Shattering
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
Transcript
Play full episode