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In this Wolff Responds, Professor Wolff discusses the class nature of inflation and economic policy in the US. He explains who sets inflationary prices, who is most affected by those prices, and what the Fed could do to counter the rising prices and alleviate the economic burden placed on those most affected.

Wolff Responds is a ‪@democracyatwrk‬ Production. We provide these videos free of ads. Please consider supporting our work. Visit our website democracyatwork.info/donate or join our growing Patreon community and support Global Capitalism Live Economic Update with Richard D. Wolff at   / gcleu  .
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Check out the NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff! Go to: https://www.lulu.com/en/us/shop/richa...

“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”

Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly at http://www.lulu.com/spotlight/democra...
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