Rihanna: To what degree do we need is it important for the left to re politicize money, something that, you know, in various ways? We obviously see m m t advocates trying to do that all the time. Where does central bank independence play in to this? Because when there was a gold standard, say, in the late nineteenth century, the politics of money were heavily and publicly politicized by the populas movement or wmwam, jennings bryan's cross of gold. Riht: I think despite the way it might seem off footing, it's really important the people try to start to think about it.
Inflation is once again at the center of political debate. Dan interviews Tim Barker to put monetary policy in its historical and class war context.
Reading:
Preferred Shares by Tim Barker phenomenalworld.org/analysis/wage-share
email digradiopod@gmail.com for PDFs of the following two articles:
The Vietnam War and the Political Economy of Full Employment by Dean Baker, Robert Pollin and Elizabeth Zahrt
Class Conflict and the "Natural Rate of Unemployment" by Robert Pollin
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