Speech by Mike Treen, retired union advocate, given at Ecosocialism 2023 in Melborne, Australia Inflation is back worldwide, and with it the blame game. So what is the truth behind the claims and counterclaims being made? First, a little background. An impending worldwide recession in late 2019, foreshadowed by a freeze in the US repo markets, led the US Federal Reserve to embark on a … Continue reading The inflation blame game and Marx’s crisis theory