The Fed is putting people out of work to reduce workers’ bargaining power and reduce inflation. They’ve got it all wrong
Tag: fed
Trends in the Distribution of Family Wealth, 1989 to 2019 – 57598-family-wealth.pdf//manufacturing unemployment
Source: Trends in the Distribution of Family Wealth, 1989 to 2019 – 57598-family-wealth.pdf
The capitalist economy is manipulated to regulate employment in a reverse class struggle
Fed Economist Warns of “Severe Recession” From Rate Hikes
Federal Reserve Chair Jerome Powell insists he won’t cause a deep recession but that “pain” is necessary to fight inflation.
Source: Fed Economist Warns of “Severe Recession” From Rate Hikes
‘This Is Nuts’: Critics React as Fed Chair Justifies Coming ‘Pain’ for Working Families
“Fed Chair Powell is ready to throw workers under the bus to save the ‘economy,'” said one expert. “But we are the economy.”
Source: ‘This Is Nuts’: Critics React as Fed Chair Justifies Coming ‘Pain’ for Working Families
Fedspeak: unleashing unemployment
Economists Fear Fed Minutes Show Central Bank Bent on ‘Unleashing Mass Unemployment’
Continued interest rate hikes “risk a recession throwing millions out of work,” a pair of experts warned.
Source: Economists Fear Fed Minutes Show Central Bank Bent on ‘Unleashing Mass Unemployment’
1848+: The End(s) of History 