LIVING OFF THE FED'S CREDIT CARD
January 16, 2020
59 min
361
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665 of 3,694
Episode 361 · January 16, 2020
LIVING OFF THE FED'S CREDIT CARD
0:00 / 59:43
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Philip Ittner Episodes Around January 16, 2020
Episode 665 of 3,694 — walk the feed in the order it was published.
59:43This episodeLIVING OFF THE FED'S CREDIT CARD
Summary
<p>Economist Richard Wolff joins Thom to make the case that the strength of the economy is really a mirage since the underlying wages of most people are stagnant or falling, so why does the stock market appear to be doing so well? If we're in a good economy why is the Federal Reserve creating so much debt, and how dangerous will the next economic downturn be with so much money owed throughout the system?</p><p>Other topics in the show- Will it take a billionaire to stop the billionaires?.. Why are minimum wages being increased in certain states and not others?.. Have Trump-supporting farmers figured out they've been conned?.. Was Adam Smith's theory of the 'invisible hand' misunderstood all along anyway?..</p><p>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.</p>
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