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Economic Update: Economic Failures and the Blame Game

This week’s episode discusses how big banks fix rates, the IRS checks on churches and how CEOs’ pay rises fastest to worsen US inequality and more.

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This week’s episode discusses how big banks fix rates and how CEOs’ pay rises faster than that of their employees. We also discuss the phenomena of blaming the poor for poverty and over-crediting the super-rich for prosperity, and explore the ways in which wealthy oil countries and companies control modern economies. Plus, we address the fundamental fallacies behind Trump’s attacks on Germany.

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