Expect DOW Plunge If Interest Rates Don’t Drop
- RT America Published on Jul 17, 2019
The touted tax cuts on powerful corporations did not result in more capital investments but rather in stock buybacks to enrich those in control of these corporations. Rick Sanchez explains. Then Jack Rasmus professor of political economy at St. Mary’s College and author of Alexander Hamilton and the Origins of the Fed, joins Rick Sanchez to discuss the Federal Reserve and the “shrinking global trade pie.”