[79] Thomas Palley: Fed stepping on breaks will kill wage growth and full employment

Our guest today is author and economist Thomas Palley, who gives his view on the importance of wage growth and full employment in our ongoing economic recovery. Palley talks about the role of the Fed, and some alternative methods of financial regulation. Check out his ideas on what he calls “asset based reserve requirements.”

For today’s Big Deal, Edward Harrison joins Erin to talk about what lessons Japan’s Abenomics experiment can teach the US.

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