Economist/Professor Richard Wolff assigns blame for inflation where it belongs, and it ain't Biden.
April 16, 2022
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7:15Now PlayingEconomist/Professor Richard Wolff assigns blame for inflation where it belongs, and it ain't Biden.
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as posted by the channelEconomist & Professor Dr. Richard Wolff, in no uncertain terms, pointed out that our current inflation is a choice. Let's stop the insanity.
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Professor Dr. #RichardWolff said he had to be impolite in describing our citizenry as one with a not very well-developed literacy in #economics. He pointed out that #inflation isn't magical. It is set by employers who have pricing power. It turns the Wall Street and the Feds narrative on its head. It is the reason why raising interest rates is nothing more than another pilfering of the poor and the middle class that transfers our wealth to the rich few.
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