No Evidence to Support FED 2% Inflation Target – Robert Pollin
The inflation conference at Political Economy Research Institute at UMass Amherst (PERI) presented mounting evidence that raising the rate of interest will only raise unemployment and weaken the bargaining power of low-wage workers and the poor that are already hit hard by the pandemic across the world. Robert Pollin joins Sharmini Peries on theAnalysis.news.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.