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escheche@diasp.org
Sylvia J

Inflation, Europe's energy crisis, and the Fed

#ChrisHedges, #RichardWolff

https://invidious.namazso.eu/watch?v=I43uC1mfHKc
https://therealnews.com/richard-wolff-the-feds-response-to-inflation-is-another-upward-transfer-of-wealth

' #Capitalist #profiteering is the real driver of the #inflation #crisis, and #raising #interest-rates only passes the #costs onto #workers already overwhelmed by #personal #debt and #stagnant #wages.'

#europe #energy #fed #federal-reserve #us #capitalism #politics #economics #economy #stagflation #declining #wages #germany #history

Inflation, Europe's energy crisis, and the Fed with Richard Wolff | The Chris Hedges Report

Read the transcript of this interview: https://therealnews.com/richard-wolff-the-feds-response-to-inflation-is-another-upward-transfer-of-wealth The Federal Reserve has responded to runaway inflation by hiking up interest rates at the same time...

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