On today's episode Walter Smolarek and Prof. Richard  Wolff discuss how the Federal Reserve’s relentless campaign to raise  interest rates is having profound consequences not just in the United  States, but around the world. As rates rise in the United States, the  value of other currencies is plummeting, intensifying inflation and a  whole host of other economic and social issues.

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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