Summary:
Pandemic stimulus not the cause. Fed runs its accustomed playbook to screw labor and reward capital based on junk economics.Naked CapitalismJames Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse ResponseJames K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B. Johnson School of Public Affairs, The University of Texas at AustinOriginally at INET
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Pandemic stimulus not the cause. Fed runs its accustomed playbook to screw labor and reward capital based on junk economics.Pandemic stimulus not the cause. Fed runs its accustomed playbook to screw labor and reward capital based on junk economics.Naked CapitalismJames Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse ResponseJames K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B. Johnson School of Public Affairs, The University of Texas at AustinOriginally at INET
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Naked Capitalism
James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
James K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin
Originally at INET