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Even with the IMF’s largest loan ever, Argentina cannot seem to avoid rising unemployment, high inflation, and recession. CEPR’s Mark Weisbrot explains that this is because they are following the…
Stephen Moore, Trump’s new nominee for the Federal Reserve Board, has some wacky ideas, but is correct about the need to keep interest rates low, says CEPR’s Mark Weisbrot Subscribe…
After causing almost every recession of the past several decades, the Federal Reserve is lowering interest rates before a recession takes hold. This represents an important shift in the Fed’s…
Gerald Epstein discusses his new book, a collection of essays on how central banking is shaped, how it shapes the economy, and how it can be made more responsive to…
What happened to the cash from the last bailout? Industries spent it all on stock buybacks and are now looking for billions more in relief from the impact of coronavirus.…
Although the connection between the stock market and the general economy is not as close as it used to be, we are overdue for a recession and so the recent…
Economist John Weeks says his new book, “The Debt Delusion: Living Within Our Means and Other Fallacies,” applies to the coming economic crisis caused by the coronavirus outbreak. Director/Video Editor:…
Read the transcript of this interview: https://therealnews.com/richard-wolff-the-feds-response-to-inflation-is-another-upward-transfer-of-wealth The Federal Reserve has responded to runaway inflation by hiking up interest rates at the same time that Americans are drowning in historic…