inflation

To Reduce Inflation, Control Corporate Profits

Everyone’s concerned about inflation these days. But politicians are blaming government benefits instead of rising inequality and corporate profits. By Sonali Kolhatkar “Inflation” is the new buzzword of the year. It is the reason for the Federal Reserve’s interest rate…

There Are Better Ways for Societies to Address Inflation Than by Hiking Interest Rates

A deafening silence defines “debates” among U.S. leaders about stopping or slowing today’s inflation. Alternatives to the Federal Reserve’s raising of interest rates and curtailing money supply growth are ignored. It’s as if there were no other ways to rein…

The Venezuela Myth Keeping Us from Transforming Our Economy

Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT,…