How successful or unsuccessful has been the Fed’s raising of interest rates on inflation? In a healthy economy when people are working, it’s a sign the economy is strong. Then why does the stock market go up when reports say unemployment is going up? Why are China’s and Japan’s interest rate only 2-3% when in the West the rate is 8-10%? How serious are we to take Lula’s election as a sign of hope for the building of a Latin American currency? Watch the interview with economist Michael Hudson.
Watch Michael Hudson
