By Eve Ottenberg / CounterPunch As American monopolies fix prices higher and higher, the Federal Reserve bizarrely has concluded that employment is to blame for inflation. For months, Fed chairman…
The war has been a disaster for Ukraine, but also a calamity for the world. This brief article provides a concise overview of the war’s profound global effects, beginning with…
The majority of us support debt relief, but lobbyist-backed lawsuits are holding back Americans from achieving a better life.
By Dean Baker / Beat the Press (CEPR) The January data on consumer expenditures released yesterday had a lot of people freaking out. The story is that the Fed is…
At the same time these companies are acting like their hands are tied by supply disruptions, their profits have skyrocketed.
"We can either electrify the status quo to reach zero emissions, or the energy transition can be used as an opportunity to rethink our cities and the transportation sector," says…
Our forefathers turned their debts into currency. That Constitutional approach could work today.
The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse.
Setting the record straight and identifying less destructive pathways forward than round after round of interest rate increases.
The Democratic Party has become the party of permanent war, fueling massive military spending which is hollowing out the country from the inside and flirting with nuclear war.
The Real Goal of Fed Policy: Breaking Inflation, the Middle Class or the Bubble Economy?
Capitalist profiteering is the real driver of the inflation crisis, and raising interest rates only passes the costs onto workers already overwhelmed by personal debt and stagnant wages.
Officials are unhappy with the Inflation Reduction Act and its subsidies that could drive investment out of Europe.
Why to Be Wary of Another Volcker-Type Monetary Tightening.
By Blake Fleetwood / Original to ScheerPost Inflation is not the source of the nation’s crisis; neither is the “Threat to Democracy” the Democrats feature as their key election issue.…
