Economist Michael Hudson on inflation and Fed plan to cut wages: A depression is coming

Economist Michael Hudson explains the inflation crisis and the US Federal Reserve's "austerity program to reduce wages." So-called experts are openly calling to boost unemployment. A depression is coming, in which the poor will suffer so the rich can get richer. VIDEO: https://youtube.com/watch?v=-AJwMvCxwm0 Read Prof. Hudson's article "The Fed’s Austerity Program to Reduce Wages": https://michael-hudson.com/2022/06/the-feds-austerity-program-to-reduce-wages