The inflation conference at Political Economy Research Institute at UMass Amherst (PERI) presented mounting evidence that raising the rate of interest will only raise unemployment and weaken the bargaining power of low-wage workers and the poor that are already hit hard by the pandemic across the world. Robert Pollin joins Sharmini Peries on theAnalysis.news.
Are antitrust laws effective as a mechanism to break up monopolies and Big Tech? How monopolies enable price-gouging and drive inflation. Talia Baroncelli speaks to Matt Stoller, Research Director at the American Economic Liberties Project.
Economist Bob Pollin says government stimulus and higher wages are not the primary drivers of today’s inflation. Higher interest rates are not the solution. Bob joins Paul Jay on theAnalysis.news.
Larry Wilkerson and Paul Jay discuss the results of the U.S. midterm elections, the reluctance of Democrats to defend stimulus spending, and the need for negotiations to end the war in Ukraine.
Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.
The Federal Reserve is trying to increase unemployment and strip U.S. workers of the small gains in bargaining power they have achieved in the aftermath of the COVID economic lockdown. Robert Pollin joins Paul Jay on theAnalysis.news.
Central banks are raising interest rates to create more desperation amongst workers and weaken their bargaining power. Bob Pollin joins Paul Jay on theAnalysis.news.
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