​Pettifor on ‘currency wars’

The new Apple TV will roll out in the fall, but won’t carry content from NBC after disputes with NBC Universal’s parent company Comcast ended poorly. Erin weighs in. Ann Pettifor, author of ‘Just Money: How Society Can Break the Despotic Power of Finance’, gives her take on what we’ll hear at this week’s Federal Reserve meetings and tells us that the dollar and financial stability outside the US as a big concern at the Fed because it’s concerned with narrow US domestic interests, as this is its mandate. Edward Harrison talks with Tim Duy, professor of economics at the University of Oregon, who says the word ‘patient’ is history in the Fed’s language about raising rates and that the market is waking up to an accelerated hike timetable but risks remain. And in The Big Deal, Erin and Edward continue the discussion on Apple and the Fed.

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