Economist Michael Hudson on inflation and Fed plan to cut wages: A depression is coming

Economist Michael Hudson explains the inflation crisis and the US Federal Reserve's "austerity program to reduce wages." So-called experts are openly calling to boost unemployment. A depression is coming, in which the poor will suffer so the rich can get richer.

Read Prof. Hudson's article "The Fed’s Austerity Program to Reduce Wages": https://michael-hudson.com/2022/06/the-feds-austerity-program-to-reduce-wages

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