Czech Protesters Rail Against Inflation, Sanctions and the Ukraine Proxy War
The rally united tens of thousands, from the left and right, against their government’s support for sanctions on Russia and the war in Ukraine.
How Corporations ‘Get Away With Murder’ To Inflate Prices on Rent, Food and Electricity
Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking…
Queen’s Funeral Shuts Food Banks Amid Cost of Living Crisis
Critics warn that people ‘cannot wait for help’ as millions face poverty this winter.
Richard Wolff: Sanctions Against Russia, Inflation and Class War
Economist Dr. Richard Wolff joins Lowkey where he exposes ways economic policy can be a code term used by the political establishment for class war. Wolff explains how the cost…
3.8 Million Tenants in the US Could be Evicted in the Next Two Months
Only 3.6 million eviction cases were filed in the entire year of 2018. The looming eviction crisis reflects the catastrophic failure of the US government
The Federal Reserve Is Wrong: Corporations Should Pay To Stop Inflation, Not Workers
The Federal Reserve says wages should go down to get inflation under control. What if we just stopped corporate profiteering and the lax rules that make it possible?
Ellen Brown: Interest Rate Hikes Will Not Save Us From Inflation
Rather than making money harder to get, the U.S. government needs to focus on the other side of the demand vs. supply inflation equation.
JOHN KIRIAKOU: With President Biden in Saudi Arabia
Biden is in Jeddah to beg the Saudis to increase oil production, but will he betray his previously expressed concern over the Saudi murder of journalist Jamal Khashoggi?
Decimated Railroad Workers and Supply Chain Issues: Latest Victims of Corporate Greed
Draconian labor policies, “cost-cutting” measures, and mass layoffs are decimating US railroad workers for the sake of corporate profits. And the effects are reverberating throughout the supply chain.
Ellen Brown: Achieving Self-Funding Local Sovereignty as Global Food Systems Collapse
The solution to the current food crisis is small and local, including growing food locally. But how to fund local food co-ops without pricey loans from big banks?
US, Allies Discussing Trying to Cap Russian Oil at $40-$60 Per Barrel
Experts are warning the plan won't work and trying to implement it could bring oil prices over $300 per barrel.
Crisis in Cuba Requires End of US Blockade Now
By W.T. Whitney / CounterPunch Friends of socialist Cuba like good news about that country. Now bad news has its use. Grief and hardship currently are such that, clearly, the…
VIDEO: Ask Prof Wolff: What the NYTimes Gets Wrong About Inflation
By Richard Wolff / Democracy At Work A Patron of Economic Update asks: “Christopher Leonard, author of “The Lords of Easy Money” has a piece in the 6/11/22 NYT (https://www.nytimes.com/2022/06/11/op…)…
Inflation Sparks Global Wave of Protests for Higher Pay, Aid
By Aya Batrawy / AP Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes…
The Fed’s Austerity Program to Reduce Wages
By Michael Hudson / CounterPunch The Federal Reserve Board’s ostensible policy aim is to manage the money supply and bank credit in a way that maintains price stability. That usually…