Michael Hudson: The Fed’s Austerity Program to Reduce Wages
The Fed, following neoclassical orthodoxy, hates having ordinary workers properly paid.
Read more...The Fed, following neoclassical orthodoxy, hates having ordinary workers properly paid.
Read more...Another blockbuster interview with Michael Hudson.
Read more...A short update on the housing market.
Read more...Why having central banks as the inflation shock troops is not such a hot idea.
Read more...The increase in interest rates is finally denting mortgage and housing activity of all sorts.
Read more...Finally! Evidence-based answers to the main (policy) questions concerning the return of high inflation.
Read more...The housing market is starting to unravel at the lower end, with new home purchases taking the biggest hit.
Read more...Too many central bankers are raising interest rates at the expense of working people’s families, supposedly to check inflation.
Read more...Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation
Read more...There’s a lot of nattering about inflation and not enough insight.
Read more...The diesel crunch is getting more acute. What could happen next?
Read more...Larry Summers tells us a recession is coming….sometime….because the US is having too good a time job-wise.
Read more...More discussion of the current, misguided central bank use of interest rates to combat inflation, and what will probably become stagflation.
Read more...Why high levels of corporate debt can make monetrary tightening less effective in controlling inflation.
Read more...The rich have influenced most developing countries to prioritize inflation targeting in monetary policy instead of adopting bolder economic policies for growth, jobs and sustainable development.
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