Richard D. Wolff

The Fed cannot use the interest rate to control the market or the power of corporate industries from independently raising the costs of their product in the market or on the buyers. Social and economic chaos is unfortunately the further proof of the failure of universal suffrage in creating the proper changes using the intelligentsia of our present society, as opposed to the impacts of intelligent leaders of the past mentioned here. And, to believe that the “drivers” of Russian policy should require any less control as those in the US, (who are the most abusive), is also a mistake.