“Well, we have done over the past 30 years is to build a creditor’s paradise of positive real interest rates, low inflation, open markets, beaten down unions and a retreating state, all policed by unelected economic officials and central banks that have only one target to keep such a creditor’s paradise going in such a world. Why would you ever get a pay rise? Indeed. Is it any wonder that inequality is everywhere an issue now?” Joining us is Mark Blyth.
Source: Fed. Defends the ‘Creditor’s Paradise’ – Mark Blyth | theAnalysis.news