A Patron of Economic Update asks: "Christopher Leonard, author of "The Lords of Easy Money" has a piece in the 6/11/22 NYT (https://www.nytimes.com/2022/06/11/opinion/fed-federal-reserve-inflation-democrats.html) that addressed the issue of inflation's cause(s). He danced around your principal point, without actually saying it, namely that capitalism is in its death throes. I would be interested in your comments on his writing."
This is Professor Richard Wolff's video response.
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