On Democracy Now! Prof Wolff joins to discuss how experts forecast another economic recession in the United States, with inflation at a historic high and a federal minimum wage that hasn’t changed for 13 years. The Federal Reserve plan to combat rising inflation by raising interest rates delivers a “body blow to a working class” already suffering from decades of upward wealth redistribution and a pandemic, says Wolff.
Democracy Now! Fed Rate Hikes Are “Body Blow” to Workers Reeling from Pandemic, Growing Inequality
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