Ask Prof Wolff
Ask Prof Wolff
Democracy at Work - Richard D. Wolff
Fed Reserve Blames Inflation on Workers
7 minutes Posted Nov 9, 2022 at 1:00 pm.
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A Patron of Democracy at Work asks: "It appears to me that the Fed policies, i.e. rate hikes, are being weaponized against us workers for our meager gains in wage increases via union building and the continuing leverage gained through the pandemic. If both sides continue at this pace what do you foresee as the conclusion?"