
Economist Michael Hudson on debt relief, inflation, Ukraine disaster capitalism, petrodollar crisis
Geopolitical Economy Report
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Inflation: Consumer Price vs Asset Price
This chapter explores the distinction between consumer price inflation and asset price inflation, highlighting how asset price inflation has been deliberately promoted by the financial system. It discusses the relationship between inflation and interest rates and raises questions about the lack of mainstream discussion on asset price inflation. The chapter also discusses the actions of the Obama administration and the Federal Reserve in inflating real estate prices and the stock market.
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