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The Dig: The Capitalist Conjuncture w/ Tim Barker

Jacobin Radio

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Are We Moving Beyond the Debate Over Raising Interest Rates?

Sally Kohn: The Fed is using its power to tighten financial conditions. She says this heralds a moment when money making has been delinked from profitable production and predation has become a precondition for production. Kohn: It's an experiment now to see how much they can tighten without breaking something into the financial system, which is unstable.

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