Despite the fact that prices have gone up at an annual rate of 5.4 percent, Fed chair Jerome Powell continues to knuckle under to finance capitalists. These financiers have gotten used to zero interest rates and billions of dollars of free money every month. According to the author of this article, the problem for capitalists is not higher prices in commodities, including homes, but that workers might unite to demand higher wages to pay for these commodities.
Read in WSWS