Tags: michael hudson
America’s Deceptive 2012 Fiscal Cliff – Part 4
January 16th, 2013
in Op Ed, syndication
[Part 1] [Part 2] [Part 3] [...] The ideological crisis underlying today’s tax and financial policy From antiquity and for thousands of years, land, natural resources and monopolies, seaports and roads were kept in the public domain. In more recent… more »
America’s Deceptive 2012 Fiscal Cliff – Part 3
January 15th, 2013
in Op Ed, syndication
by Michael Hudson, New Economic Perspectives [Part 1] [Part 2] [...] Quantitative easing as free money creation – to subsidize the big banks The Federal Reserve’s three waves of Quantitative Easing since 2008 show how easy it is to create free m… more »
America’s Deceptive 2012 Fiscal Cliff – Part 2
January 15th, 2013
in Op Ed, syndication
Today’s financial war against the economy at large Today’s economic warfare is not the kind waged a century ago between labor and its industrial employers. Finance has m, oved to capture the economy at large, industry and mining, public infrastructure… more »
America’s Deceptive 2012 Fiscal Cliff – Part 1
January 14th, 2013
in Op Ed, syndication
How today’s fiscal austerity is reminiscent of World War I’s economic misunderstandings When World War I broke out in August 1914, economists on both sides forecast that hostilities could not last more than about six months. Wars had grown so expensi… more »
Should the Economy “Serve” Money or Vice Versa?
January 3rd, 2013
in Op Ed, syndication
A Treatise on Unsound Money: Part 5Written by Derryl Hermanutz The current structure of our money systems isn't written into the immutable laws of nature. It is a flawed, some say perverse system, thought up by men. If they were trying to design a… more »
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