Michael Hudson on Public Banking: Difference between revisions
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Revision as of 08:28, 30 December 2013
Video via http://www.youtube.com/watch?v=hkUNaO4T6gI
Description
Econintersect:
"Michael Hudson says that banking since World War I has been more and more focused on loading down the economy with debt rather than what he thinks should be the business of banks, which is financing economic growth and production. Hudson says that banks should be public, government run enterprises lending money only on economic merit and Ponzi speculation should remain private in separate institutions. See also what he thinks of public-private partnerships." (http://econintersect.com/b2evolution/blog1.php/2013/04/01/michael-hudson-on-public-banking)