A Patron of Democracy at Work asks: "Prof Wolff, now that we've entered a recession here, how would the continued Fed interest rate hikes correlate to supply shortage due to our low production capacity? At what rate would the Fed have to lower demand in order to bring down inflation? Or are we inevitably entering stagflation?"
This is Professor Richard Wolff's video response.
Submit your own question to be considered for a video response by Prof. Wolff on Patreon: https://www.patreon.com/democracyatwork/community.
Ask Prof Wolff is a @Democracy At Work production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/democracyatwork. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible.
_________________________________________________________________________
Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! Visit: https://www.lulu.com/en/us/shop/richard-d-wolff/understanding-marxism/hardcover/product-7zr2y4.html?page=1&pageSize=4
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly at http://www.lulu.com/spotlight/democracyatwork
_________________________________________________________________________
Follow Wolff ONLINE:
Web: http://www.rdwolff.com
Patreon: https://www.patreon.com/democracyatwork
Twitter: http://twitter.com/profwolff
http://twitter.com/democracyatwrk
Facebook: http://www.facebook.com/EconomicUpdate
http://www.facebook.com/RichardDWolff
http://www.facebook.com/DemocracyatWrk
Daily Motion: https://www.dailymotion.com/democracyatwrk
Subscribe to the EU podcast: http://economicupdate.libsyn.com
Shop our worker CO-OP made MERCH: https://democracy-at-work-shop.myshopify.com/
This is Professor Richard Wolff's video response.
Submit your own question to be considered for a video response by Prof. Wolff on Patreon: https://www.patreon.com/democracyatwork/community.
Ask Prof Wolff is a @Democracy At Work production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/democracyatwork. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible.
_________________________________________________________________________
Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! Visit: https://www.lulu.com/en/us/shop/richard-d-wolff/understanding-marxism/hardcover/product-7zr2y4.html?page=1&pageSize=4
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly at http://www.lulu.com/spotlight/democracyatwork
_________________________________________________________________________
Follow Wolff ONLINE:
Web: http://www.rdwolff.com
Patreon: https://www.patreon.com/democracyatwork
Twitter: http://twitter.com/profwolff
http://twitter.com/democracyatwrk
Facebook: http://www.facebook.com/EconomicUpdate
http://www.facebook.com/RichardDWolff
http://www.facebook.com/DemocracyatWrk
Daily Motion: https://www.dailymotion.com/democracyatwrk
Subscribe to the EU podcast: http://economicupdate.libsyn.com
Shop our worker CO-OP made MERCH: https://democracy-at-work-shop.myshopify.com/
Category
📚
Learning