The US Has Serious Economic Problems Featuring Richard Wolff
June 15, 2022
15,475
829
94
5.96%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Richarddwolff Episodes Around June 15, 2022
See what was published immediately before and after this episode.
11:56Now PlayingThe US Has Serious Economic Problems Featuring Richard Wolff
YouTube Description
as posted by the channelUntil two weeks ago, it was expected that the Fed would increase interest rates by no more than 0.5%. However, the rise today was 0.75% (that’s FIFTY PERCENT higher than expected). This is the largest single rise since 1994.
This will affect business investment and make borrowing money much more expensive, while the interest rate is designed to fight soaring inflation.
The US Has Serious Economic Problems. Everybody is pulling back, so is a recession likely?
🔴 Subscribe for more clips like this
Professor Richard Wolff joined Thom to discuss the ramifications of the interest rate rise.
Bio: Prof. Richard Wolff is an Economist / Co-founder, Democracy At Work / Author of numerous books - his latest is The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself (also available as an eBook)
🔥 WATCH NEXTDeutsche Bank Forecasts US Recession
⭐ Join our Membership and Support the Channel
MORE FROM THOM
🎦 Watch a full program rerun anytime
🎧 Audio Podcast
📜 Free Newsletter
👕 Merchandise
🍺 Thom Merchandise
FOLLOW THOM
ABOUT THE PROGRAM
The Thom Hartmann Program is the leading progressive political talk radio show for political news and comments about Government politics, be it Liberal or Conservative, plus special guests and callers.
#MoreFromThom #thomandrichardwolff #econmics
✔ Amazon links are affiliate links
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.