Could the Feds “accidentally” set off a recession simply in time for the 2022 election? Richard Wolff warns that our financial system is in “serious trouble.”
Biden reconfirmed Trump appointee Jerome Powell as Chairman of the Federal Reserve. Some are speculating that Jerome Powell is planning to set off a recession to tank the financial system so the Democratic Party and President Biden take the blame.
Richard Wolff is an economist, co-founder of Democracy at work and the writer of quite a few books. His newest is “The Sickness is The System: Why Capitalism Fails to Save Us From Pandemics and Itself.”
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