US President Joe Biden and Chinese President Xi Jinping met yesterday during the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco.
Xi meets Biden
Tag: Real estate business
Monopolies Cause Inflation, While Fed Chairman Powell Blames Workers

As American monopolies fix prices higher and higher, the Federal Reserve bizarrely has concluded that employment is to blame for inflation. For months, Fed chairman Jerome Powell has increased interest rates in the hopes of throwing workers out in the street and thus supposedly reducing prices. While I’m sure that corporate, donor-bought congressmembers appreciate his struggles in the class war against the poor and middle class, it’s all a crock.
Monopolies Cause Inflation, While Fed Chairman Powell Blames Workers
Central banks risk setting off a financial earthquake with constant rate rises, warns ex-IMF economist

“Liz Truss got the blame but the underlying cause was Jay Powell’s rate rises in the US, which has pushed up rates for everybody,” he says.
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