A patron of Economic Update asks: "Professor Wolff, my question is about gold's price rise, what causes it and what does it mean?"
AskProfWolff is a Democracy At Work production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us make this possible.
Learn more about Prof Wolff's new book, The System is the Sickness: When Capitalism Fails to Save Us from Pandemics or Itself, that comes out mid-September:
"Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges