"The Federal Reserve is sustaining US capitalism — directly by loaning to corporations, and indirectly by loaning to the federal government — to run a huge deficit, excess of trillion dollars... The federal government is not an intrusion; the federal government is the only thing that keeps private capitalism from a complete bust... And what do we know about this way that the Federal Reserve is keeping capitalism going? It's funding the most extreme inequality in a century of American history." - Richard Wolff
Economic Update with Richard D. Wolff takes complex economic issues and makes them understandable, empowering listeners with information to analyze not only their financial situation but the economy at large.
By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program explores alternative ways to organize markets and government policies.
Missed an episode? Check out Economic Update on FSTV VOD anytime or visit the show page for the latest clips.
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