They are pushing up interest rates the world over because monetary theory dictates that this is the way to bring down inflation. But not so long ago those same banks were arguing that inflation was only transitory and there was no need to lift rates. So, what changed? And why isn’t it working? Inflation is coming down very slowly and the wage pressures they seek to ease, by making people lose their jobs, isn’t working. The labour market is as tight as ever. This week on the Debunking Economics podcast, Phil asks Steve what central banks are playing at, and, if they fail, will governments and the public start to lose faith in them and the policies these unelected representatives foist on us?
Richard D. Wolff: The Case for Degrowth
July 10, 2022 Mathew D. Rose Climate Crisis, Economics, Finance, Inequality, Solutions, Sustainability 0
Scale down forms of production that are organized around corporate profits and focus the economy instead on human well-being.
David Whyte – Proclaim the republic!
Filmed by David Whyte Edited by Hazuan Hashim http://www.hazandphil.co.uk/index.html First published by Bella Caledonia http://bellacaledonia.org.uk/
Save Your iInternet: Filternet
August 27, 2018 Mathew D. Rose EU politics, EU-Institutions, Finance, Media, Media Concentration, Monopolies, Regulation 0
Explains the new internet law, Article 13. that corporate media is trying to purchase at the EU. Informative , yet with humour and charm – takes a moment to get going. The European Union […]
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