On today's episode Walter Smolarek and Prof. Richard Wolff discuss how the Federal Reserve raised interest rates at the highest rate in over 20 years, signaling a major shift in policy as it attempts to tackle the spiraling inflation crisis. But will this maneuver work? Or is it likely to instead spark a new recession?

Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com.

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How to Tackle the Inflation Crisis in the Interests of the Working Class

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How to Tackle the Inflation Crisis in the Interests of the Working Class

The Socialist Program with Brian Becker