Inflation: A Capitalist Tool of Class War Against the Working Class
Inflation: A Capitalist Tool of Class War Against the Working Class

Inflation: A Capitalist Tool of Class War Against the Working Class

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<p>On today's episode, Brian Becker and Prof. Richard &nbsp;Wolff break down the real cause of&nbsp;inflation. Inflation is &nbsp;rising prices, which is something the working class doesn't control. &nbsp;Businesses—and the Fed when it raises prices for borrowers by increasing &nbsp;interest rates—do control prices. Why do businesses do this since &nbsp;inflation is bad for the economy? Can the government change this?</p> <p>Professor Richard Wolff is an author &amp; &nbsp;co-founder of the organization Democracy at Work. You can find his work &nbsp;at <a href="http://rdwolff.com/" target="_blank">rdwolff.com</a>.</p> <p>Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at <a href="https://gate.sc/?url=http%3A%2F%2Fpatreon.com%2Fthesocialistprogram&amp;token=630197-1-1655830654613" rel="nofollow ugc" target="_blank" title="http://patreon.com/thesocialistprogram">patreon.com/thesocialistprogram</a>. &nbsp;We rely on the generous support of our listeners to keep bringing you &nbsp;consistent, high-quality shows. All Patreon donors of $5 a month or more &nbsp;are invited to join the monthly Q&amp;A seminar with Brian.</p>

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JoanneHill

JoanneHill

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