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They Have The Power To End Unemployment But Won't | Graham Elwood

636 views · Published 17 July 2017 · 12:05 · Indexed 20 October 2026

Channel: Graham Elwood · 2017 · News & Politics

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They Have The Power To End Unemployment But Won't | Graham Elwood

In this video, Graham Elwood examines an Intercept report and a paper by the Center for Economic and Policy Research, "Fed Up", and the Center for Popular Democracy titled "The Full Employment Mandate of the Federal Reserve: Its Origins and Importance". Graham discusses how the Federal Reserve uses interest rates to control employment, the elite interest in maintaining unemployment to suppress wages, the historical links between the civil rights movement and full employment, and the corporate media's "social silence" on the Fed.
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📚 Sources & Further Reading:
1. The Intercept - Federal Reserve and Full Employment Mandate Report: https://theintercept.com/
2. Center for Economic and Policy Research (CEPR) / Fed Up – Full Employment Reports: https://cepr.net/
3. Independent Political Journalism - Economic Policy and Federal Reserve Accountability: https://www.grahamelwood.com/
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In this video I discuss the following: 
✅ The Intercept report and CEPR study on the Federal Reserve's full employment mandate
✅ How the Fed uses interest rates and economic policy to manage unemployment and suppress wages
✅ The historical connection between the civil rights movement and the fight for full employment
✅ Corporate media's "social silence" regarding the Federal Reserve and economic power structures
✅ Independent investigative reporting, economic analysis, and supporting the channel via Patreon

⏳ Timestamps: 
00:00 - Introduction & CEPR Report on the Federal Reserve's Full Employment Mandate
02:00 - The Economics of Unemployment: How the Fed and Elites Use Interest Rates to Suppress Wages
04:30 - Historical Roots: The Civil Rights Movement, World War II, and Full Employment as Freedom
08:15 - "Social Silence": Corporate Media Complicity, Economic Literacy and Channel Support Wrap-Up

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