Naked Capitalism has published a transcript of the interview Economist Michael Hudson explains inflation crisis and Fed’s secretive $4.5 trillion bank bailout. I started reading the transcript, and finished by watching the video.

Economist Michael Hudson discusses what is causing the global inflation crisis, and also how the US Federal Reserve quietly bailed out big banks in September 2019 with $4.5 trillion of emergency repo loans that appear to have blatantly violated the law.

You couldn’t ask for a more complete coverage of all things economic and diplomatic.