Dig: Monetary Politics w/ Tim Barker
Jacobin Radio
00:00
Did the Fed Really Like It That Way?
CNN's John Sutter says the Fed was misperceived as dovish on inflation. He argues that organized labor had become much, much less powerful since the 1970s. The idea of 1979 in reverse has been overstated, he says; interest rates are now rising at an unusual rate.
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