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Inflation and Your Next Union Contract

Samir Sonti Labor Notes
Profits are booming and corporations are raising prices, but instead of regulating corporations, the Federal Reserve is using its powers to create a recession and raise unemployment. Workers will suffer.

To Fight Inflation, the Fed Is Declaring a War on Workers

Julia Rock Jacobin
Federal Reserve chairman Jerome Powell plans to address sky-high inflation by hiking interest rates — acknowledging that doing so will suppress wages and worker power. It's a response that will force workers to bear the brunt of the inflation crisis.
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