<p>A Patron of Democracy at Work asks: "Prof Wolff, now that we've entered a recession here, how would the continued Fed interest rate hikes correlate to supply shortage due to our low production capacity? At what rate would the Fed have to lower demand in order to bring down inflation? Or are we inevitably entering stagflation?"</p>

A Patron of Democracy at Work asks: "Prof Wolff, now that we've entered a recession here, how would the continued Fed interest rate hikes correlate to supply shortage due to our low production capacity? At what rate would the Fed have to lower demand in order to bring down inflation? Or are we inevitably entering stagflation?"

Interest Rate Hikes - Who Wins, Who Loses?

Ask Prof Wolff video series is a collection of responses to questions from supporters. Submit your own question for Prof. Wolff on Patreon: https://www.patreon.com/democracyatwork/community or visit our website: https://www.democracyatwork.info

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Interest Rate Hikes - Who Wins, Who Loses?

Interest Rate Hikes - Who Wins, Who Loses?

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