Fed Up

[Enrique Diaz-Alvarez]

Max B. Sawicky wrote:
> 
> > Galbraith & other liberals lack a class struggle understanding of
> > monetary policy. (Warning: this evaluation of monetary policy is
> > based on a superficial understanding of Marx.)
> 
> I'm not sure who said this, but it's been repeated a
> few times, and it's silly.
> 

Yes, it is. Whoever said it should read the first couple of chapters of
Created Unequal, by Galbraith Jr. They make it clear that he understands
very well who the Fed works for.


> 
> mbs

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