Fragile Capitalist Stock Market Shaken By The Rafters As Fed Raises Interest Rates Again

In what is generously called an “economy”, the stock market dropped 350 points when the Federal Reserve raised the interest rates yesterday. Ten years of cheap money hasn’t led to a prosperous economy. Rather it has led to capitalists taking for granted they will continue forever with low interest rates. A stable capitalist economy would take these minor changes in stride.
Read in WSWS
Image from Eric Ross, academic

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