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Alternative Visions- USA's Twin Crises: Why US Monetary Policy & US Democracy Are Both Broken
Alternative Visions
59 minutes 10 seconds
2 months ago
Alternative Visions- USA's Twin Crises: Why US Monetary Policy & US Democracy Are Both Broken
Why Trump is now stacking the Federal Reserve bank's ranks of 7 Governors and threatening Fed chair Powell to force lower Fed interest rates. Why rates will start lowering in September. Why US monetary policy has been broken since 2008 due to changes in 21st century capitalism. The second half of the show discusses Texas and California's pissing match to further gerrymander the US House of Representatives which is already 90% non-competitive. The show discusses why the latest bout of gerrymandering is only part of a bigger picture of decline of US democratic institutions and practices since 2000. Concluding the show, what are the main takeaways of Trump's meetings last week with Putin in Alaska and with European leaders and Zelensky in Washington last Monday?