The Fed raised interest rates again. That’s the eighth consecutive hike. They say even more are coming.

This puts workers and consumers on the frontline of fighting inflation.

But corporations largely responsible for driving up prices get away scot-free.

It's outrageous.

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@rbreich in Britain they keep reviving the 1970 “wage price spiral” nonsense. The words are the wrong way round. No-one has had a wage rise.

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